Token Utility

Pinjam will be distributing all of the revenue generated directly to users who stake. Both lenders and borrowers receive $TOKEN rewards to incentivize protocol use - but with different distributions over time.
The tokens will be vested for 3 months but may be claimed immediately for a 50% penalty. The penalty is then distributed to users who choose to lock for 3 months. This mechanism ensures steady rewards for those who actively commit to the protocol by locking their tokens.
  1. 1.
    If you're a staker, you receive protocol fees.
  2. 2.
    If you're a locker, you receive protocol fees - AND exit penalties from users who exit their vests early.
Additionally, when users lend on Pinjam, the Pinjam protocol will lend out unborrowed funds to other ecosystem projects which will generate yield, resulting in higher yields for lenders and stakers.