Utility

Transaction Utilities

Transaction Fees

Flexible Payment Options: Users can pay transaction fees in either the native tokens of supported chains or LAY tokens.

Discounts for LAY Payments: Users who opt to pay transaction fees in LAY receive a discounted fee, incentivizing the use of LAY tokens.

Reward and Incentive Utilities

Staking Rewards

Staking: LAY token holders can stake their tokens to earn staking rewards, encouraging long-term holding.

Network Security Incentives

Contribution Rewards: LAY holders receive rewards for contributing to network security and stability, such as running nodes or validating transactions.

Financial Utilities

Collateral for Loans / Further expansion of token utilization (future)

DeFi Integration: Use LAY tokens as collateral to obtain loans or credit within decentralized finance (DeFi) applications integrated with the Laysion Network.

Insurance feature: SAFU fund for the entire project

Exclusive Access Utilities

Access to Exclusive Features

Special Privileges: LAY holders gain access to exclusive features, such as airdrops of other tokens and special staking opportunities to earn additional tokens.

Utility in Broader Ecosystem

Cross-Chain Asset Swap Fees

Asset Swap Fees: Users can use LAY to pay for swap fees on DEXs integrated with Laysion Network.

cross chain/ inter-project staking

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