Tradegen currently provides three types of tokens:
- Utility token “TGEN”: A fungible token on the Celo blockchain. TGEN can be exchanged for CELO on Ubeswap. TGEN is used mostly for distributing rewards to top-performing NFT pools. More use cases will be added as the platform matures, such as facilitating payments on the platform's marketplace and rewarding miners.
- Fungible pool tokens: Fungible tokens that users receive when they invest in a pool. These tokens represent a user's stake in the pool. When users want to withdraw from a pool, they can burn their pool tokens to receive their share of the pool's assets.
- NFT pool tokens: Non-fungible tokens that users can purchase from NFT pools. These tokens represent a user's stake in the NFT pool, with prices lower-bounded by pool's performance. Users can deposit these tokens into farms to collect TGEN rewards while staying invested in the pool. To withdraw from the pool, users can burn their tokens or sell them on the platform's marketplace.
TGEN Use Cases
Voting for Strategies