Rewards and Revenues
Last updated
Last updated
The Token's utility is in its staking feature, where users can stake it and earn a portion of the DeFi fees generated by APOLLO.
Liquidity providers (LP) stake their acquired tokens and earn a percentage of the fees based on their staked amount.
To simplify yield claiming, a mechanism is set up using SPL (Solana Program Library) and SPL-to-BTC tailored for the Bitcoin Layer 2 ecosystem, improving interoperability and accessibility for users.