FIZEN Token
$FIZEN is the utility token of the Fizen ecosystem, serving as the lifeblood that powers the entire ecosystem with various utilities.
Payment of commission and rewards to users
The $FIZEN token is used as a payment method for commission to sellers and as a reward system for users. This application optimizes costs in money transfers and ensures transparency in profit-sharing processes, benefiting all participants.
Moreover, this will contribute to a continuous flow of liquidity for the $FIZEN token, as all participants will hold and exchange the token.
Payment of gas fees and services
Payment method for gas fees: With the introduction of the new Account Abstraction technology in the Fizen Super App, $FIZEN tokens will be used to pay gas fees for transactions on the blockchain. This is very convenient for users as they do not need to own many types of native tokens to pay for blockchain gas fees.
Payment method for Goods and Services: The $FIZEN token is encouraged to be used as a means of payment for specific products and services. This significantly enhances the token's utility and integrates $FIZEN into circulation and transactions.
Savings with $FIZEN Tokens
Holders of $FIZEN tokens can deposit their tokens to earn interests paid in $FIZEN tokens. The interest rate is adjusted based on the prevailing conditions.
Membership benefits
For individuals who own a significant amount of $FIZEN tokens, we will provide NFT membership cards at different levels. Each level will come with specific benefits, including:
Direct discounts
Reduced or free shipping fees
Early access to new products/services
Exclusive member-only services
Gifts for holidays and birthdays
Participation in meetings, gatherings, and decision-making alongside Fizen's leadership team
These privileges will enhance the utility of the $FIZEN token, making users want to hold $FIZEN tokens for the long term.
Burning $FIZEN Tokens
A portion of the revenue will be used to buy back $FIZEN tokens and burn them to reduce the circulating supply in the market.
Benefits summary table
The $FIZEN token will circulate continuously in the Fizen ecosystem with very high practical utilities, benefiting all participants. Join us and become a part of this comprehensive ecosystem!
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