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Utility of YCLUB’s Native Coin
The YCLUB coin, $SYC, is an ERC20 token minted on Ethereum. YCLUB will set up a liquidity pool to ensure that this token will be tradable via the peer-to-peer crypto token trading platform, Uniswap.
As the native token, $SYC provides the ecosystem reward mechanism and enables the distribution of revenue from the pNFT income streams. $SYC is also the coin used for trading within the Metaverse.
$SYC provides:
  • Access to Metaverse and the Metaverse events
  • The currency for trade within the Metaverse
  • Reward for holding NFTs
  • Reward for holding $SYC
  • Governance over aspects of the DeFi and the Metaverse
$SYC is released according to a schedule to a fixed supply; see Tokenomics. It will also be available on a third-party DEX, i.e., publicly listed.
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