Singularity (SGY) is foremost a utility token for Dexpanse's platform. As Dexpanse introduces new services and projects it will always strive to incorporate Singularity and increase its usefulness.
Paying with Singularity
Dexpanse will make it possible to pay the base fees for all of its services on the BSC network partly in SGY, in which case the customer will receive a discount. This utility discount cumulates with any additional discounts received. Once the price for the service has has all other discounts applied, the user will have the possibility of reducing it by a further 10% (of this final price) by paying 20% of the total cost in SGY tokens. Half of these tokens will then be be automatically burned.
Staking SGY allows users to participate in a variety of reward pools and earn along with the community. For more information on SGY staking and reward pools, read here.