SERP, the utility and governance token of SERP Finance, serves as the backbone of the platform's ecosystem
Token address of SERP on ETH: 0xFd414e39155F91E94443a9Fe97E856569d0F5Eec
By staking SERP, you open the door to a world of rewards and possibilities. Three distinct rewards await you, each more enticing than the last.
- 1.Escrowed SERP
- 2.Multiplier Points
- 3.ETH rewards
To learn more about Multiplier and Escrowed $SERP, head over to the Rewards Page for a detailed breakdown of each .
This is where things get really interesting - 30% of all fees generated from swaps and leverage trading are automatically converted to ETH and distributed among staked SERP tokens.
It's worth noting that the fees distributed are calculated after deducting referral rewards and network costs of keepers, which typically amount to around 1% of the total fees. But even with these deductions, the rewards can be substantial, making staking SERP an incredibly lucrative opportunity for those who are ready to take the plunge.
Total circulating supply of SERP is 1 billion.