bitSmiley(SMILE) bitSmiley Token Economics

bitSmiley ($SMILE) Token Economics Info

• Token Ticker: $SMILE
• Total Supply: 210,000,000
• Token Standard: ERC-20

Token Utility

• Decentralized Governance: $SMILE holders can participate in the platform's decentralized governance, including adjusting key protocol parameters like collateral types, LTV ratios, and emergency shutdowns in case of uncontrollable attacks on the protocol.
• Surplus Auction Participation: When the platform's surplus exceeds a certain threshold, it will be auctioned below market price, exclusively open to $SMILE holders.
• Fee Discounts: Users can pay stability fees at a discounted rate using $SMILE tokens.
• Priority Liquidation Rights: $SMILE holders exceeding the threshold will be added to the liquidator whitelist, granting them priority access to liquidate platform bad debt.

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