Capabilities of $TAD
Last updated
Last updated
As a DAO, TAD allows its community of traders to participate in the platform's governance by voting on proposals and decisions that are put forward by the community. Traders can use their $TAD tokens to vote on these proposals, and their voting power is proportional to the number of tokens they hold.
TAD charges fees for using the platform, including fees for using the AI trading bot and fees for executing trades on the platform. These fees are collected in $TAD tokens, and traders can use their tokens to pay for these fees. Additionally, traders who hold a certain amount of $TAD tokens may be eligible for discounts on these fees, which can help to reduce their trading costs.
TAD also rewards its traders for participating in the platform's governance and decision-making processes. Traders who hold $TAD tokens may be eligible for rewards in the form of additional tokens, which can help to incentivize participation in the platform's governance.
Traders can also stake their $TAD tokens to earn additional rewards. By staking their tokens, traders help to secure the network and can earn additional tokens as a reward for their participation.