PAN Utility
Last updated
Last updated
To boost the ptCRO and ytCRO liquidity, creampan allocates PAN rewards for ptCRO holder, and liquidity providers. At the same time, PAN holders can earn PAN token by staking PAN token in the staking pool.
The PAN holder can get fee discount according to the multiple of PAN Hodl Level. The default PAN Hodl Level is 2,500 PAN. The fee discount has four levels. Details are shown in the following list and figure.
Less Than PAN Hodl Level: No fee discount
Between 1 to 10 times of PAN Hodl Level: 10% fee discount
Between 10 to 100 times of PAN Hodl Level: 25% fee discount
More than 100 timed of PAN Hodl Level: 45% fee discount
The ten percent of protocol profits will be allocated to PanBakery. The PAN holder can enter PanBakery with PAN and exchange the PAN for xPAN. The protocol profits will be converted to PAN and sent to PanBakery. When the PAN holder leaves the PanBakery, the holder can get more PAN.