$SOC Utility

Use cases of the token

-> Frame to Earn

Buy Frames with ₳ ADA in order to stake your Ape NFT or non-Ape NFT and earn daily rewards (check Framing (Staking)). Holders can also upgrade Frames to increase their $SOC rewards.

-> Medium of Exchange

$SOC is the only medium of exchange in The Ape Society ecosystem. Through the upcoming marketplace, Cabin holders will be able to purchase and sell assets with $SOC.

-> Landmarks

The $SOC token will always be needed to interact with Landmarks. We will support ADA as a secondary currency in certain landmarks but ultimately, it will be converted to $SOC. All the rewards distributed to holders through Landmarks will be in the form of $SOC.

Last updated