LAVA Protocol's Guidebook
  • Get started
    • πŸ”–Preface
  • Protocol Overview
    • ♦️BRC20
    • πŸ”·BEC109 Protocol
    • 🎯Our Vision
    • πŸ‘οΈβ€πŸ—¨οΈDePIN Terminlogy
    • πŸ†Point Program
      • How to join LAVA Airdrop
      • FAQ
  • Features
    • 🧰LAVA Protocol's Features
    • πŸ”ΆCross-Chain Bridge
      • BRC20 to EVM Transfers
      • Transaction and LP Creation
      • Cross-Chain Launchpad Storage
      • Future Vision: Decentralized Bridge
    • πŸ’ AMM Protocol
      • Decentralized Exchange (DEX) Integration
      • Selected Trading Platforms
      • Proprietary AMM Protocol
      • Community-driven Applications
    • πŸš€Launchpad
      • Inscription Tokens
      • Rune Tokens
      • For B-Side Partners
      • Future: Open to C-Side Users
    • 🏚️Marketplace
      • Collection Filtering
      • Cross-Chain Trading Process
      • Digital Artwork Trading
      • Candlestick Charts
    • 🚏Staking and Lending
      • Staking and Lending Mechanism
      • Single/ LP Staking
    • πŸͺ™Tokenomics
      • BRC20 Tokens
      • SBT (Soulbound Tokens)
      • ERC20 Tokens
    • πŸŽ‹Applications
      • Fees
      • BRC20 Mini-Games
      • Community Engagement
  • Roadmap
    • πŸ—ΊοΈRoadmap
    • 🧩Conclusion
  • Social media links
    • πŸ”—Links
  • Website
  • X (Twitter)
  • Telegram Chat
  • Telegram Announcement
  • Medium
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  1. Features
  2. Tokenomics

BRC20 Tokens

BRC20 tokens are the core digital assets in LAVA Protocol's ecosystem. Their versatility shines in staking for loans, paying platform fees, and more. The specifics about their total supply and the rights attached will evolve with the ecosystem.

Staking and Lending: Acting as the primary currency on LAVA Protocol, BRC20 tokens can be staked for obtaining loans, opening up more ways for users to leverage their digital assets and boosting the platform's liquidity.

Paying Fees: BRC20 tokens are also used for transaction and service fees on LAVA Protocol, reinforcing their vital role in the platform's economy and enhancing their circulation and utility.

Adapting to the Future: The total amount, rights structure, and dividend strategies of BRC20 tokens will adapt to market trends and the ecosystem's growth, ensuring they meet various needs.

The BRC20 tokens are thoughtfully designed, as they highlight an essential digital asset and lay the foundation for the ecosystem's healthy growth. The tokens' broad use encourages flexible participation in platform activities, solidly supporting the ecosystem's stable expansion and prosperity.

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Last updated 1 year ago

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