Utility Token

Laura Token is the governance token of Laura ecosystem. Asides from voting, the token is used in many other areas in the ecosystem.

Utility Areas

01. Buy-Back Progress

In certain periods Laura tokens are purchased from the market at the rate determined by the platform's revenue and VaultManager's recommendations. This is used to add liquidity on AMMs and exchanges, transfer to the market-maker wallet, or sent to Staking Portal as a reward to participants.

02. Stake and Earn

More Laura Tokens can be earned by staking. Rewards are funded by protocol revenue. Therefore, APY rates are variable.

03. Swap Fee Reduce (soon)

Aggregator platform charges a fee for swap transactions. The current rate is 0.3% from input token. For people who stake Laura Token, swap fee rate decreases gradually according to the stake amount and LauraPower.

04. Laura DAO & Governance (soon)

Proposals will be submitted to the community to make decisions concerning the platform. Laura Token holders have voting rights. Studies on a fair management structure continue.