DuckChain’s Diary
  • 1. DuckChain overview
    • 1.1 What’s DuckChain?
    • 1.2 Background
    • 1.3 Vision
    • 1.4 Solutions
  • 2. Users & Developers
    • 2.1 DuckChain for Users
    • 2.2 DuckChain for Developers
    • 2.3 Developer Hub
      • 2.3.1 Network Information
        • Mainnet
        • Testnet
        • Bridges
        • Other General Contracts
      • 2.3.2 Builder Guide
        • Gas
        • EVM Wallet
        • Deploying Smart Contracts
          • Using Hardhat
          • Using Foundry
          • Run a DuckChain Node
          • Links and Tools
    • 2.4 Ecosystem
  • 3. DuckChain Architecture
    • 3.1 Overview
    • 3.2 Framework
    • 3.3 Pool Infrastructure
      • Decentralized Oracle Layer (DOL)
      • Decentralized Asset Verify Layer
      • Unified Gas System
      • Cross-Chain Interoperability
      • DuckChain Execution Layer
      • Driving Value with Pool Infrastructure
    • 3.4 DuckChain’s Interoperability
    • 3.5 Safety
  • 4. DuckChain AI Module
    • 4.1 Overview
    • 4.2 Key Features
    • 4.3 Technical Infrastructure
  • 5. Roadmap
    • 5.1 The Duck Journey
    • 5.2 Future Plans
  • 6. $DUCK: Governance and Ecosystem Token
    • 6.1 Overview
    • 6.2 Token Allocation
    • 6.3 $DUCK Release Schedule
    • 6.4 Token Utility
  • 7. Community
    • 7.1 Social & Community Links
    • 7.2 Feedback and Engagement
    • DuckChain Featured In News
  • 8. Appendices
    • 8.1 Glossary
    • 8.2 FAQs
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  1. 6. $DUCK: Governance and Ecosystem Token

6.4 Token Utility

Governance: Empowering Community-Led Decisions

  • Proposals and Voting: $DUCK holders can propose changes, vote on network improvements, and delegate voting rights, ensuring the community's collective voice shapes DuckChain’s future.

  • AI-Enhanced Governance: AI agents simplify governance by offering data-driven recommendations, streamlining decision-making processes.

Staking: Securing the Network and Earning Rewards

  • Validator Rewards and Yield Opportunities: Stakers support validator nodes and earn proportional rewards while generating yield, incentivizing long-term network participation.

  • Liquidity Incentives: Stakers can also boost returns by providing liquidity to DuckChain DeFi protocols, enhancing the ecosystem’s resilience.

Gas Fees: Simplifying Transactions

  • Unified Gas Mechanism: $DUCK serves as the sole token for all transaction fees, eliminating the need for multiple tokens and streamlining the payment process.

  • Cost Efficiency: With high throughput and low fees powered by Arbitrum Orbit, transactions are cost-effective and user-friendly.

Ecosystem Currency: Powering dApps and DeFi

  • Payments and Liquidity Provisioning: $DUCK enables payments for subscription services, premium features, and liquidity pool contributions for rewards.

  • Interoperability: As a cross-chain token, $DUCK facilitates seamless interactions across Ethereum, TON, Bitcoin, and other connected networks.

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Last updated 4 months ago