AARMA Coin

Aarma (AARMA) is the native currency of Aarmachain that backs a number of utilities including transaction fees, staking and other ecosystem activities.

The AARMA coin serves as a gateway to a variety of products available in the Aarmachain ecosystem. It fuels the onchain activities and empowers token holders to secure the tokenized economy built around its applications.

Below are the utilities of AARMA token:

• Transaction Fee: The cost of sending transactions on AarmaChain is covered using AARMA. Users are able to transfer assets on Aarmachain even using a fraction of AARMA.

• Staking: AarmaChain functions on Delegated Proof of Stake consensus mechanism where AARMA is staked to becoming a Node operator. Other holders can even delegate their AARMA to a particular validator and earn rewards.

• Governance: All the AARMA holders are allowed to cast their votes on Aarma Governance Proposals. These proposals unlock newer developments and growth opportunities for AarmaChain.

• Payment Gateway: AARMA can be used as a payment token across a number of applications into the AarmaChain ecosystem.