LODE Token $LODE

LODE Token is a cryptocurrency project that aims to reward its holders by granting them a share in the profits generated by the LODE Token Ecosystem. These tokens do not signify ownership over LODE's operations, instead, they represent a contribution towards LODE's technical and business operations. This unique structure allows its holders to benefit not only from the token's appreciation but also from the profits generated by the LODE Project.

Yield Generation and Distribution

Currently, LODE Token holders receive a proportional share of 10% of the premium charged on the sale of new AGX and AUX Coins. This percentage is calculated based on the difference between the sale price and the spot price. The intention is to create a system where token holders are rewarded consistently, creating a sustainable ecosystem within the crypto market.

Additional Yield Accumulation

LODE tokens are set up to accumulate additional yield produced by liquidity pools. This added feature provides an extra incentive for holders of LODE Tokens, as they stand to gain from the increased liquidity and revenue generated from these pools. The aim is to ensure that LODE Token holders receive maximum yields from their holdings.

Unbacked Asset

Despite their yield generation capabilities, LODE Tokens are unbacked assets. They do not signify any form of ownership over LODE's operations or assets. Instead, they serve as a testament to the contributor's support for the LODE's technical and business operations. This unique structure sets LODE tokens apart from many traditional investment assets.