Engine Labs
  • About EngineLabs
    • ✴️How to take advantage of EngineLabs products?
    • ✴️Are you a business and would like to integrate these solutions into your project?
    • ✴️What is ENGLABS?
    • ✴️What is ENGLABS Token Utility?
  • THE PROBLEM
  • SOLUTION
  • TECHNOLOGY POWERING INTEROPERABILITY 2.0
    • QUANTUM PORTAL
    • VALUE CONSTRAINED MULTI CHAIN ROLLUPS
    • MULTICHAIN VALIDATOR STAKING
  • LIMITLESS USE CASES FOR DAPPS ON THE INFINITY LAYER MAINNET
    • Interoperable Metaverses
    • Multichain Token Staking
    • Multichain Tokens & Token Deployment
    • Multichain NFTs
    • Multichain Lending and Borrowing
    • Multichains DEXes
    • Multichains Wallets
    • Modular DApps
  • ROADMAP 2023
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What is ENGLABS Token Utility?

PreviousWhat is ENGLABS?NextTHE PROBLEM

Last updated 1 year ago

➖ On-Chain Governance If you’d like to be a part of our esteemed Ferrum Governance Committee, you must hold: 500,000 cENGLABS.

➖ Access to Presales By holding cENGLABS, community members can access the presales of early-stage projects. These projects are either incubated through Ferrum Advisory Services or invested in through Ferrum Ventures.

➖ Token Burn ENGLABS is a deflationary asset. Whether by being used as gas on its respective Infinity Layer Mainnet, used as a fee token via MultiSwap, or by generating transaction fees via Crucible, ENGLABS is subject to routine burns. ➖ Buybacks Through fees generated from our white label product suite such as our Staking-as-a-Service solutions and/or profits from Ferrum Advisory Services, Ferrum uses 10% of its profits to buy back ENGLABS off the market.

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