Token Utility

• Incentivization: The Pindora token plays a crucial role in incentivizing ecosystem members. It encourages GPU providers to offer compute power, especially in the early stages, motivates users to use the product by offering monetary rewards, and incentivizes stakers to vote, ensuring effective governance. Incentivization is a key utility of the Pindora token, driving the growth and success of the ecosystem.

• Governance: The Pindora token lets users guide the direction of the ecosystem. Token holders can vote on grant proposals, decide how to handle malicious actors, and suggest improvements. Governance is essential for maintaining a decentralized network and ensuring the ecosystem evolves in the best interest of its community.

• Staking: Staking ensures that voters are committed to the vision and future of Pindora. In return, Pindora rewards them with tokens through APY, encouraging long-term participation and alignment with the ecosystem's goals.

• Collateral: To ensure reliable GPU power and prevent major outages, GPU providers must put up collateral. This guarantees that the system remains stable and dependable.

• Loyalty program: The Pindora loyalty program rewards long-term users with Pindora tokens. This encourages continued engagement further enhancing their experience within the ecosystem.