$FETCH is a cryptocurrency that is specifically designed for staking and yielding on the Shibarium network. To be built on the low-cost, Proof-of-Stake (PoS) Shibarium layer 2 blockchain, $FETCH provides users with the ability to earn rewards by staking their tokens.
Fetch aims to be first to market as an all-in-one staking solution, allowing investors to receive yield paid in a token of their choice. The $FETCH token was launched on March 6th, 2023 and aims to be the first-mover in the field of permission less DeFi staking on the Shibarium layer-2 following its unveiling. 100% locked liquidity, an active developer team and ambitious marketing plans all contribute to enticing investors to join the #fetchsquad allow Shibarium projects to offer staking as a service to their investors, by simply partnering with us and using our platform. Staking can be seen as a way for cryptocurrency projects to incentivize long-term investment in their platform while providing stability for their token price. For investors, staking provides an opportunity to earn additional tokens or fees while reducing the risk of price volatility.
Fetch provides a DFY service for projects to easily implement staking into their offering. FETCH is the governance token on Ethereum that is used for:
- Rewards for providing liquidity
- Locking FETCH tokens
- Earn SHIB tokens as rewards
- Participating and voting on governance decisions