Utility of $VIBE
The $VIBE token is central to the Vibe.fun ecosystem, providing numerous utilities for holders and participants.
Access to the fair start
Users participate in the 20-minute fair start phase using $VIBE tokens, which are sold at a fixed price. This ensures that every participant has an equal opportunity to purchase tokens and eliminates whale dominance.
Platform Fees
$VIBE is used to pay for various platform fees, including transaction fees on token trades, staking, and NFT purchases. These fees are essential for maintaining the ecosystem and funding key processes like buybacks, liquidity pools, and platform development.
Governance
Holding $VIBE tokens grants users the ability to participate in governance decisions on the platform. Token holders can vote on proposals, shaping the direction of the project and influencing major decisions about the ecosystem’s evolution.
Staking & Rewards
Users can stake their $VIBE tokens to earn additional rewards. Staking rewards come from transaction fees, which are distributed to stakers, as well as rewards from NFT purchases and other platform activities. This provides a passive income opportunity for holders and incentivizes long-term commitment to the project.
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