What is a posi token?
I recently encountered the term 'posi token' and I'm not sure what it means. I've heard of other types of tokens in the cryptocurrency and blockchain context, but 'posi token' is new to me. Can someone explain what a posi token is and how it fits into the larger digital asset ecosystem?
What is posi token?
The POSI token, based on Ethereum, encourages long-term investment strategies through community consensus and a token economic model. It aims to incentivize investors to hold their positions, offering more rewards for longer holds. The token can be traded on multiple major cryptocurrency exchanges like Binance, Huobi, Gate.io, and OKEx.