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Use Cases
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Provides fee rebates on Shapeshift's trading platform, reducing costs for users.
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Incentivises liquidity provision through yield-generating DeFi opportunities.
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Enables participation in Shapeshift's governance, allowing token holders to vote on platform decisions.
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Facilitates cross-chain exchanges and interactions within the Shapeshift ecosystem.
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Rewards users for engaging with Shapeshift services, enhancing user loyalty and engagement.
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About
Shapeshift FOX Token, commonly known as FOX, is the native cryptocurrency of the Shapeshift decentralised platform, designed to facilitate seamless, private digital asset exchanges without custodial risk. Launched by Shapeshift, a pioneering entity in the crypto landscape, FOX token emerged as a utility asset aimed at enhancing the user experience within its ecosystem. The token primarily offers users rebates on trading fees, fostering a cost-effective and streamlined exchange process. Rooted in the ethos of decentralisation and privacy, Shapeshift FOX Token aligns with the platform's mission to empower users with complete control over their digital assets while maintaining privacy and security.