dForce is focused on building a comprehensive open financial ecosystem, including stable assets, liquidity protocols, lending markets, derivative markets, and more. The DF platform token serves multiple functions within the dForce ecosystem, such as fee payments, platform governance, risk management, derivative asset synthesis, and partner incentives.
DF is dForces native ERC-20 functional token with the following primary use cases:
Governance: DF token holders can vote on platform governance decisions and set protocol parameters.
Liquidity Mining: Liquidity providers on dForce earn DF tokens as rewards.
Payments: Users need to use DF tokens to pay for a range of services provided by the dForce platform, such as the creation of USDx and GOLDx tokens.
System Stability: When bad debts occur within the platform, new DF tokens are minted and auctioned to ensure sufficient funding for the platform.