Discount Tokens

Discount Tokens are a wrapped version of $COIN that gives the recipient the right, but not the obligation, to buy the $COIN at a fixed percentage discount to the current price at the time of exercise.

Benefits of Discount Token Liquidity Mining

  • Less complex to understand than options

  • Organizations can determine on a range of how much intrinsic value to reward recipients with.

  • Organizations who write the options receive the exercise cost.

  • Organizations can retrieve the $COIN back from discount tokens that are not exercised

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