Benefits of SEED
Holding SEED has many benefits. Here are some of them:
- SEED automatically participates on all its blockchains. This means just holding SEED is like voting with TRX, and staking with ONT, and (soon) staking on Harmony, all at the same time.
- Since SEED automatically participates, it also earns rewards just from holding it. No need to freeze it or stake authorize it. Without doing anything, your rewards get compounded and accumulate much faster.
- SEED earns more rewards than native stakers on a chain due to Participation Power.
- It’s backed and redeemable for coins on multiple blockchains. This portfolio of coins is the pegged value of each SEED token, and this value is continuously increasing over time.
- SEED holders benefit exclusively from occasional bonus rewards