Cryptocurrency Q&A
What is API3 coin about?
What is API3 coin about?
BlockchainBaron
Fri Oct 25 2024
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7 answers
1970
I'm curious about the API3 coin. Could someone explain what it is all about? I want to understand its purpose, functionality, and how it fits into the cryptocurrency landscape.
7 answers
henry_taylor_architect
Sun Oct 27 2024
These rewards can be in the form of additional tokens, discounts on services, or other forms of incentives.
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SilenceSolitude
Sun Oct 27 2024
It functions as the governance token for the decentralised autonomous organisation known as DAO.
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Martino
Sun Oct 27 2024
By staking the API3 token, holders are granted comprehensive governing rights over the API3 DAO.
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HanRiverVisionary
Sun Oct 27 2024
This means they have a say in the decision-making processes and can influence the direction of the organisation.
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Riccardo
Sun Oct 27 2024
API3 coin serves as a pivotal element within the mechanics of governance, security, and value capture.
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