The AWAKEN Token

The AWAKEN token aligns the Blockchain decentralization proposition, allowing us to run the platform without being dependent on third parties.

A part of the platform’s Verifiers rewards are AWAKEN denominated, in order to incentivize one of our key players to get more involved with Awake through our community DAO. Awake Finance is a decentralized, community-driven and community-managed protocol.

We have on-chain mechanisms in place that allow token holders to perform maintenance functions and parameter adjustments via governance votes, including:

• Upgrading contracts

• Changing protocol configurations and parameters

• Setting rewards and the distribution of the platforms governance token

We aim to empower token holders and invite them to guide Awake’s development with us. We mean this, and this is why we allow skin in the game dynamics into play through the AWAKEN token, making token holders committed to the long term growth and sustainability of Awake.