Token Utility

$GENS token is a Cardano native token.

Native token is a new feature that enables the transacting of multi-assets on Cardano. Users can transact with ADA, and with an unlimited number of user-defined (custom) tokens natively.

Native tokens offer distinct advantages for developers: there is no need to create smart contracts to handle custom tokens since the ledger takes all token-related functionality.

The native tokens feature extends the existing accounting infrastructure defined in the ledger model.

$GENS tokens are the native tokens of the Genius Yield Protocol.

The $GENS token acts as a governance token, and anyone holding $GENS is part on the decision making of the platform upgrades.

The Genius Yield ecosystem enables users to earn rewards. 20% of the platform fees on the DEX & Yield Optimizer fees will go to $GENS stakers.