🪙ENGI Token

As there is a massive product with various utilities, the token will play a crucial role in every possible purpose. It is expected that there will be a core of financial flow inside that is going to facilitate the income and investment of users as a price for helping promote the development of every feature mentioned in the paper.

So, it is safe to say that the platform's performance will be concentrated in ENGI, which can indicate the level of expectations about the product. In terms of price, that can become the motivational foundation for rapid improvement of the product overall.

The constant improvement of the ways users can earn more that are clear to an outsider will serve as the cornerstone of interaction with the token.

The concept of distribution and the calculations will be covered in the tokenomics section of ENGI, as this is a matter of detailed math and calculations to analyze.

Utility of the ENGI

As a governance token on the Engain Platform, ENGI will be used as the backbone of whole mechanisms, such as:

• In-platform currency. ENGI tokens fully power transactions, swaps, and others.

• Protocol profit sharing. User claim profits: 1% of all profits.

• Amplifying pools for gaining higher APYs.

• Leveraging for the pools/staking vaults.

• Improvement of income rates inside the platform.

• DAO voting rights.

• Unlocking Protocol features like on-chain yield analysis, cross-chain rebalancing, TVL rewards, etc.

• Unlocking platform features: Risk analysis, pro version, auto rebalancing, smart portfolio management, and TBD).

• Merit Hunters and Guardians access and unlocking, even though staking those NFTs.