$LOG Token
Token Overview
First and foremost, $LOG is a Governance token. Through continuous governance staking, holders can choose which vaults will have higher APR and vote for protocol changes.
Fees incurred by liquidity providers in all Nautilus Vaults will mainly be allocated to the LPs, with a proportionate amount going to the Logarithm Treasury. As a result, LPs exposed to the vaults will receive an APR in return. The $LOG token will get more utility over time, such as supporting liquidity mining initiatives. It may also have future applications, subject to a DAO vote and proposals.
$LOG Token
Name: Logarithm Token
Ticker: $LOG
Chain: Arbitrum
Max supply: 100.000.000
Contract: TBA
Distribution
TBA
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