$SPLASH FAQ
What is the purpose of $SPLASH?
SPLASH has several purposes:
Attract liquidity to the protocol
Functions as the tool for the distributed business model
How to get $SPLASH?
Liquidity providers on the Splash protocol receive SPLASH rewards for liquidity provision. This ensures the protocol continues to offer the best possible prices and the lowest slippage when exchanging Cardano Native Assets.
What is the utility of $SPLASH?
SPLASH functions as a governance token that incorporates a vote-locking mechanism. By locking SPLASH tokens, users receive veSPLASH, representing their voting power and sharing in the protocol. This grants them the right to participate in decision-making processes, such as voting on protocol changes, determining SPLASH's inflation rate, managing the protocol's treasury, and obtaining privileges to earn Protocol Fees.
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