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For SPOOL Token Holders
The use cases for SPOOL Token Holders. SPOOL Token Holders are defined as participants who hold the SPOOL Token.
- Earn Protocol Fees: All fees collected within Spool get split between the DAO and SPOOL Token Holders. Owning a SPOOL Token, therefore, is directly correlated with the success of the Spool Protocol. Learn more about revenue sharing here.
- Participating in General Governance: Since SPOOL Holders control the Spool DAO they can decide how to spend the money collected by the DAO or change the current performance fee settings.
How the SPOOL Token works, visualized.