Token Utility
The Key to Time Travel
Time Fees
Power is the exclusive token for consolidating, arbitraging, and unlocking Time Fees from the protocol.
When anyone uses the Power Stake Protocol, TBTs are minted.
Anytime TBTs are minted, a Time Fee is sent to the Power Capacitor.
The only way to remove Time Fees from the PowerCapacitor is by depositing Power tokens
The deposited Power tokens are sent to the Power Stake Treasury, further reducing the circulating supply and providing necessary capital for continuous development.
Auction Premium
Power is the exclusive token for paying the premium fee for a Upfront NFT.
When anyone borrows from their Power NFT, Power -Tokens are minted.
Anytime a Power NFT that has been borrowed against (and has not been fully paid back yet) has matured, based on the stake duration, it will go to Auction.
The first 7 days a Power NFT is at auction, it is in a reverse auction phase that Power tokens must also be paid.
Last updated