Lien Token - LIEN

Lien’s native token

The Lien Token (LIEN) is a utility token that the holders can use to receive discounts on the protocol fees that are required when transacting on the Lien Protocol and FairSwap

The Lien Protocol charges a fee (0.2%) when users mint the iDOL stable coin and when users exchange assets using FairSwap (0.3% - variable).

Fees are collected in ETH or iDOL and are then distributed proportionally to holders of the Lien Token as discounts/rebates at the end of each month. 100% of Lien Protocol fees and 20% of FairSwap fees are attributed to Lien Token holders.

LIEN specification

Circulating Supply: ~LIEN
Total Supply: 1,000,000 LIEN (Capped)
Token Type: ERC20 on Ethereum
Contract Address: 0xaB37e1358b639Fd877f015027Bb62d3ddAa7557E

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