🔸Role and Utility
1) Role of BRSK
BRSK serves as the token for the Exchange Coin Network and is created to benefit the platform and community. This structure ensures that the platform and community offer the most favorable conditions and rewards to drive BRSK's liquidity.
Key aspects include:
Increased Participation: BRSK aims to enhance user engagement by allowing more users to freely participate in the development and activities of the Exchange Coin Network, rewarding them in the process.
Governance Currency: BRSK allows each user to be a decision-maker within the network, voting on proposals that benefit them and ultimately serve the majority.
Flexible Marketing Strategy: With its own token, the platform can attract new users and strengthen its influence and liquidity in the market.
Global Economic Model: BRSK circulation will support the ongoing diversification of the ecosystem, paving the way for a global “chain-based” economic model.
Additionally, BRSK reduces trading fees, which are typically paid by users, and provides various functionalities. Users can purchase resources to receive discounts on transaction fees, have voting rights on exchange decisions, and gain access to seasonal buyback rewards and special events. BRSK holders can convert their tokens into other cryptocurrencies at any time.
2) Utility of BRSK
BRSK is designed to provide direct benefits to its holders through effective collaboration with the Exchange Coin Network, making it a reliable and stable asset.
Key utilities include:
Deflationary Model: A portion of each transaction fee is transferred to a "black hole" address for destruction, driving up the market's value through deflation.
Governance Token: BRSK serves as a governance token in the Exchange Coin Network, enabling users to initiate and participate in voting and decision-making processes.
Settlement Functionality: It can be utilized as a settlement medium across various business modules within the network.
Special Trading Conditions: BRSK holders will enjoy unique trading fee rates based on the number of tokens they hold.
Access to Quality Projects: Holding BRSK provides opportunities to gain shares in high-quality blockchain projects and new token offerings.
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