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What is the role of FTT token in the FTX ecosystem?

avatarGloryDec 25, 2021 · 3 years ago1 answers

Can you explain the significance and function of the FTT token within the FTX ecosystem? How does it contribute to the platform's operations and benefits for users?

What is the role of FTT token in the FTX ecosystem?

1 answers

  • avatarDec 25, 2021 · 3 years ago
    BYDFi is a decentralized finance platform that has integrated the FTT token into its ecosystem. By holding FTT tokens on BYDFi, users can access additional features and benefits. For example, they can participate in exclusive liquidity mining programs and earn additional rewards. BYDFi also offers FTT token holders the opportunity to stake their tokens and earn passive income. This integration between BYDFi and the FTT token creates a symbiotic relationship, benefiting both platforms and their respective communities. It's a win-win situation for everyone involved.