What currency does Rarible use?

Rarible, a leading platform for digital art and collectibles, has implemented a unique reward system that utilizes its native token, $RARI. This ERC-20 token serves as the cornerstone of the Rarible ecosystem, enabling users to participate in various aspects of the platform's governance and development.

The $RARI token is integral to the RARI Foundation, a governing body tasked with overseeing the growth and sustainability of the Rarible community. By awarding rewards in $RARI, Rarible incentivizes users to contribute to the platform's success, fostering a vibrant and engaged community.

These rewards come in various forms, ranging from participation in governance votes to creating and promoting digital artworks. By earning $RARI, users can not only benefit financially but also gain influence within the Rarible ecosystem, shaping its future direction.

The versatility of the $RARI token extends beyond Rarible's platform. Being an ERC-20 token, it is compatible with a wide range of wallets and exchanges, allowing users to easily store, trade, and utilize their rewards across the decentralized finance (DeFi) landscape.

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