🟡SYMM - The Token

$SYMM - Total Supply 880,080,088 tokens.

Utility of $SYMM

The $SYMM token has 3 simple use-cases:

• STAKE it to get fees generated from all frontends (For investors) Staking program

• LOCK it to get better profit share as frontend (For Frontends & Builders) Perps - Settlement Costs

• BURN it to get a discount on your trading fees (For Traders) MMs have 0% Fees in SYMM.Using $SYMM as a Fee token (similar to Binance $BNB)

Staking $SYMM to earn revenue from all SYMMIO trades.

Staked $SYMM earn 100% of all SYMMIO protocol revenue across all frontends.

Learn more about Fees Fees and Spreads

Holding $SYMM to get fee rebates

$SYMM allows traders, frontends, to receive fee rebates when trading on SYMMIO or offering others to trade.

This especially incentivizes high-volume users like Frontends to buy and hold $SYMM.

learn more Perps - Settlement Costs

Using $SYMM as a Fee token (similar to Binance $BNB)

Additionally, $SYMM can be used to pay trading fees, offering traders (in collaboration with Frontends) or market makers a discount. Notably, $SYMM used for fee payments will be permanently burnt, introducing a deflationary aspect to the token economy.

Governance

Holding $SYMM will also grant users governance rights, which can be exercised in the later-introduced on-chain and off-chain snapshot-based voting systems.