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$ARBS is the native utility token of Arbswap and has the following use cases:
- Liquidity Mining: Users can deposit tokens towards the liquidity pairs on the platform and earn a share of the platform’s transaction fees. Users will receive LP tokens in exchange for their token deposits, which can be staked on the platform to earn more $ARBS tokens.
- Staking: Users can stake $ARBS tokens on the platform for staking rewards, and earn a share of protocol revenues.
- Launchpad allocation: Users can stake $ARBS to participate in upcoming launchpad token sales to secure allocation into the top project launching on Arbitrum.
- Governance: Token holders can propose and vote on network governance decisions via the Snapshot platform.