What is NUM Token?
NUM Token is a cryptocurrency token based on the Ethereum blockchain. It was created by Numbers Protocol, a decentralized finance (DeFi) protocol that allows users to earn rewards for providing liquidity to its platform. The NUM Token serves as an incentive for users who provide liquidity and also acts as a governance token for those who want to participate in the decision-making process of the platform. With NUM, users can vote on proposals, receive rewards from staking, and access other features of the Numbers Protocol.
The Numbers Protocol is designed to be an open financial system that provides access to DeFi services such as lending, borrowing, trading and more. By providing liquidity to the platform, users are rewarded with NUM tokens which they can then use to access these services or trade on exchanges. Additionally, holders of NUM tokens can participate in governance decisions related to the protocol’s development and future direction.
NUM tokens are available on several major exchanges including Binance and Huobi Global. They can also be stored in any ERC-20 compatible wallet such as MetaMask or MyEtherWallet. As one of the leading DeFi projects in the space, Numbers Protocol has seen significant growth since its launch in 2020.