Utility Token
Learn about the tokenomics of the NFsTay's protocol.
NFsTay.com (STAY)
The STAY token represents unused nights from all properties in the NFsTay Portfolio. It is designed to be a medium of exchange within our Booking Platform, functioning as a credit for reserving stays in any of our properties. Below are the current and future use cases for our STAY utility token:
Contract Address: 0x7F14ce2A5df31Ad0D2BF658d3840b1F7559d3EE0
Use Cases of the STAY Token:
1. Revenue Generation Through Liquidity Provision in Crypto: By supplying liquidity to decentralized exchanges (DEXs) and liquidity pools, investors can earn trading fees and rewards in the form of native tokens. Use STAY to provide liquidity in our STAY/USDC Liquidity Pool (LP) to earn rewards.
2. Boost Your Rewards: Investors can purchase a booster to increase their monthly rewards by 5%, which will be paid in $STAY tokens. The booster is a one-time purchase, valid for one year, and costs 2.5% of the value you wish to boost. This feature helps support the protocol's ecosystem by reducing token supply through the buy-back and burn mechanism.
3. Buy Property Shares (Coming Soon): In the near future, investors will be able to use STAY tokens to purchase property shares directly from our marketplace, adding another layer of functionality to our token ecosystem. This will enhance the liquidity and usability of STAY tokens within our platform.
4. Medium of Exchange for Direct Bookings: Use STAY tokens to book stays at any property in the NFsTay Portfolio. Currently, STAY can be used in Liverpool and Manchester, with plans to expand into other major cities globally, adding more value and utility to the community.
Note: The value of the STAY token varies depending on demand and market conditions.
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