$VAR Token
We plan to launch the Variational Token $VAR in late 2024.
The utility of the Token will primarily be driven by using a minimum of 30% of protocol fees (revenue) to purchase and burn $VAR
tokens. We plan to distribute approximately 50% of the tokens to the community and the remaining 50% to affiliates, which includes the operating company and the development team.
Token distribution to the community will be based on platform usage:
Testnet Rewards Program: Early users who register, use the testnet, and provide actionable suggestions will be rewarded. This program is designed to gather high quality feedback prior to mainnet launch.
Trading Rewards Program: Tokens will be proportionally distributed to users who actively contribute to trading volume on mainnet.
Maker Rewards Program: Tokens will be granted to liquidity providers who commit to responding to Requests for Quote (RFQs) on platform.
If you are part of a market-making firm and are interested in our Maker Rewards Program, please contact us.
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