SMTY Token Functionality The native digital utility token of Smoothy, SMTY, is a cryptographically secured token represented digitally and transferable within the network. It functions solely as an interoperable utility token, as defined in Smoothy's protocol code. SMTY is a non-refundable utility token used to incentivize user participation and contributions, fostering ecosystem growth on Smoothy. Participants are rewarded with SMTY based on their actual activity and resource contribution, ensuring fair compensation and encouraging active engagement. Without SMTY, there would be no motivation for users to take part or provide services within the ecosystem. Smoothy offers a groundbreaking asset-swapping solution through a single pool backed by similar underlying assets (like stablecoins) o...
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