Demiourgos Library
IGNIS™ Marketplace
IGNIS™ Marketplace
  • Introduction
  • Presale
  • Burning System
  • Lottery System
  • IGNIS Generation
  • IGNIS.Protocol™ Rewards
  • Token Transmutation
  • Foreign Token Incorporation
  • Special Foreign Token Behavior
  • vEGLD-IGNIS Liquidity Pool
  • IGNIS Utility
  • IGNIS.Protocol™ Benefits
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IGNIS Utility

As mentioned previously, the IGNIS Token will have a double utility role:

  1. As the Token upon which the IGNIS.Protocol™ rewards are distributed. The IGNIS amount is weighted by DEB for reward calculation purposes.

  2. As the Utility Token of the IGNIS™ Marketplace.

All activity in the IGNIS.Anguis™ marketplace will pay a 10% income fee. This income fee will be used:

  1. 80% will be used to perform DIVA™

  2. 10% will be earned by Coding Division

  3. 10% will be kept by IGNIS™ Marketplace to cover maintenance costs.

Trading on the Marketplace will have reduced fees when trading using IGNIS directly. Marketplace fees can be paid for in IGNIS tokens.

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Last updated 1 year ago