🪙DUEL Token
DUEL is an ERC-20 token, a digital asset that serves as a medium of exchange within the Duelyst Ecosystem. DUEL tokens are fully transferable. They can be burned and redeemed for xDUEL at a 1:1 ratio.
Last updated
DUEL is an ERC-20 token, a digital asset that serves as a medium of exchange within the Duelyst Ecosystem. DUEL tokens are fully transferable. They can be burned and redeemed for xDUEL at a 1:1 ratio.
Last updated
DUEL tokens can be burnt and instantly converted for xDUEL at a 1:1 ratio. Read more about DUEL and xDUEL at Staking Terms
| Token Utilities | Description |
|---|---|
Purchasing | $DUEL serves as the digital currency within the Duelyst Vanguard ecosystem, facilitating the acquisition of NFTs, in-game items, and entry into various gaming events for players. |
Governance | To engage in governance and participate in the DAO, $DUEL tokens must be converted to xDUEL tokens. Holding xDUEL empowers players and the community to take part in the governance process through a decentralized autonomous organization (DAO). |
Incentives - Yield Farming | Through active participation in DeFi liquidity farming, contributors to the Duelyst Ecosystem can earn rewards. Providing liquidity via DUEL-USDT and/or other DUEL pairs enables participants to receive rewards in both DUEL and xDUEL tokens. |
