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      bitSmiley(SMILE) bitSmiley Token Economics

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      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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