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Understanding DANA
The DANA token & its role in the ecosystem
The Ardana token (DANA) is the utility and governance token of the Ardana ecosystem which provides stakers with access to a share of the fees from Ardana and allows those who hold it to vote on changes to the project’s parameters.
DANA is a Cardano Native Asset, users will be to obtain DANA either in the open market or through participation in any of Ardana’s various liquidity mining programs.
In order to exercise the governance & utility value of DANA, users will have to time-lock their DANA in the Ardana Reward Enhancement Module (AREM) where in exchange they will receive exDANA which will be described in the following section.
Last modified 11d ago
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