Equity Overview
Price & Market Data
Price: $0.0093
Daily Change: +$0.0â‚„112 / 0.12%
Range: $0.00923 - $0.00933
Market Cap: $3,721,654
Volume: 548
Details
The PowerTrade Fuel Token (PTF) is a pivotal DAO token in the PowerTrade ecosystem, designed for governing the treasury and offering coverage to traders in rare 'black swan' market situations. It presents an alternative to conventional exchange insurance funds and is known for its market resilience during downturns. PTF token holders enjoy benefits such as reduced trading fees and staking rewards, contributing to the ecosystem's liquidity and stability. Additionally, they engage in the governance of the DAO treasury through voting, having a say in decisions about cover events. The token also encourages community involvement through distribution programmes that reward early users and active participants. PowerTrade utilises the Ethereum blockchain, with PTF playing a significant role in cryptocurrency trading and risk management within this platform​.