ALGOBLK Token Utility
ALGOBLK is the token issued and utilized on the AlgoBlocks platform
ALGOBLK tokens are used to reduce trading fees, stake for benefits and subscribe to pre-programmed algorithmic templates
  1. 1.
    Reduce Trading Fees: Get 25% off trading fees by paying with ALGOBLK tokens
  2. 2.
    Stake to Trade Free: Stake 1:1 value tokens to trade commission free up to the staked amount and also earn inflation interest*
  3. 3.
    Stake to get platform benefits: Stake ALGOBLKS to get auto stablecoin switching service
  4. 4.
    Stake to keep your strategy private: Keep your AlgoBlocks private by staking at least USD 300+ worth of ALGOBLK tokens
  5. 5.
    Universal Gas Token ("UGT"): Use ALGOBLK tokens to settle gas fees on any chain**. We will liberate you from your need to have ETH, Matic or BNB to do transactions on different chains, trade easily knowing we will do the swapping and gas fee settlement for you at the backend.
*Subject to a cap of USD 3,000 value
**Subject to chain integration (BSC, Polygon, Ethereum are planned for the first phase)
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