Use Cases
A governance & reward token
BVAULT, the governance token of BitVault, offers several compelling use cases that benefit token holders and contribute to the protocol's growth and stability.
Protocol Governance
BVAULT holders have the power to participate in BitVault's governance process. They can propose and vote on important protocol decisions, including:
Adjustments to protocol parameters
Addition of new collateral types
Changes to fee structures
Allocation of protocol revenue
Liquidity Mining Incentives
To encourage liquidity provision for bvUSD and BVAULT pairs:
Liquidity providers can earn additional BVAULT rewards
This helps maintain deep liquidity for BitVault's ecosystem
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