Introducing the Derived DVD Token

Derived Finance introduces the Derived $DVD token.

$DVD token use case:

• Staking/Minting
• Platform fees
• Governance

DVD token will be the main utility token on the platform that will allow users to receive staking rewards, accrue platform fee and participate in governance.

About DERIVED

Derived is the Multi-Chain Synthetics Trading Platform that is leveraging the interoperability features of Polkadot to make the platform available across Blockchains. The Derived platform allows leveraged minting (up to 3x) to its platform users. It will also be the first platform that would allow its user unique features like, the ability to create Hybrid Tokens and access to features like Binary Options, Multiple native currency support, 0% Slippage and Unlimited liquidity among many others.

🔽 INFO:

https://derivedfinance.medium.com/introducing-the-derived-dvd-token-ca9229b8da7a