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(CANDLE)

The CANDLE token primarily serves as a governance token. Its core utility lies in granting holders voting power within the ecosystem. By staking CANDLE, users can actively participate in decision-making processes, influencing crucial protocol parameters, including future token emissions and other strategic directions for the project's development. This design ensures that the community has a direct voice in shaping the future of the platform.

Engagement in governance is primarily achieved through staking. When CANDLE tokens are staked, they confer voting power to the holder. This power allows stakers to influence key protocol parameters. For example, they can participate in proposals and votes that determine the future allocation of tokens or changes to the project's operational mechanics, ensuring a decentralized and community-driven decision-making process.

To stake CANDLE tokens, users must first hold them in a compatible non-custodial wallet. Following this, the staking process is conducted through the official decentralized application (dApp) interface provided by the project. This direct interaction with the dApp ensures that users maintain full control over their assets while participating in the network's security and governance mechanisms.

Staking reward allocation for CANDLE token holders is dynamic. It is determined by several factors: the individual's stake size, any active multipliers they may possess, and the total aggregate amount of CANDLE tokens currently staked across the entire network. This multi-faceted approach ensures that rewards are reflective of a participant's contribution and commitment to the ecosystem.

Staking CANDLE tokens grants participants the ability to directly influence and shape the project's future. Specifically, stakers gain voting power that allows them to weigh in on critical protocol parameters. This includes decisions regarding future token emissions, which are fundamental to the economic model, alongside other significant operational and developmental aspects of the platform.

The CANDLE token is available for trading on various digital asset exchanges. This availability provides users with accessibility to buy, sell, and trade CANDLE, ensuring liquidity and integration within the broader cryptocurrency market. Such presence on accessible trading platforms is crucial for community engagement and the token's ecosystem growth.