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Token Utility
In order to participate as a validator on the On-demand Oracle network users must bond their MOD tokens as collateral.
When an end user or developer deploys a new oracle contract, the fees to implement the contract will be collected in MOD tokens
Governance is an important part of the truly decentralized eco-system being built. The MOD token will be used for the Modefi DAO for important decision making and development
MOD token will be the main payment token for subscription services used within the Modefi DeFi Dashboard
MOD tokens will be used to pay fees within the oracle marketplace
Staking MOD tokens allows users a way to put their long term holdings to work for them
MOD holders will be eligible to receive rewards by providing liquidity to AMM MOD pools, such as Uniswap and Balancer