@space2556
What is $ALLOCA?
@ALLOCA serves as the utility and governance token for the Alloca ecosystem.
It is designed to power the protocol by rewarding active participation, accelerating ecosystem growth, and facilitating decentralized community decision-making.
✓ Token Utility
Holding $ALLOCA provides four primary benefits within the ecosystem:
> NFT Staking: Users can stake Alloca NFTs to join specific loyalty tiers. This unlocks rewards derived from ecosystem activities such as campaigns, trading, launches, and quests.
> XP Boosts: Holders earn XP at an accelerated rate when performing meaningful actions like trading and participating in launches.
> Access: The token grants entry to exclusive whitelist raffles for Chad Sales.
> Governance:Holders have the right to propose and vote on protocol features, upgrades, and parameters, ensuring the platform remains community-led.