11. Token Usage
Token Usage
Rewards System: When a customer spends on WenGoods products, they receive $GOODS tokens, which are sourced from the treasury. This mechanism incentivizes customers and promotes the use and circulation of $GOODS within the WenGoods ecosystem. The treasury operates on a circular economy principle. It issues the rewards in the form of $GOODS to consumers when they purchase a product. These $GOODS, when spent in the marketplace, cycle back into the treasury, creating a continuous loop of transactions. This circular economy stimulates a consistent token flow and helps maintain the token's intrinsic value within the ecosystem.
Exclusivity
$GOODS tokens are used exclusively on-chain and will not be available on any external exchange platforms. This ensures the token's singular utility within the WenGoods ecosystem and provides a controlled environment for token circulation and value.
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