Algebra Tokenomics
Last updated
Last updated
$ALGB has multiple utilities, including governance, staking, & yield farming with partners. Governance allows users to submit proposals for voting, such as tokenomics updates, grant approvals, partnerships, etc.
The treasury fund is used for marketing, grants, & listing fees.
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The Algebra Tokenomics is available here.
$ALGB is the platform token of the Algebra Protocol, which can be staked, and used for governance, liquidity provision, and much more. The Algebra stakers get part of all fees acquired from the integrated DEXs in ALGB, while part of the commissions is used for buybacks, which strengthens the token itself. ALGB on CoinMarketCap.