Token Utility

The $BLUE token will be the premier tipping token in the system, project leads will also be able to buy upgrades for their servers, unlocking features that will help build the community. Although AVAX ecosystem members can utilize their own tokens for tipping, $BLUE will be promoted as the main tipping token for Discord and other social media communities outside of the AVAX ecosystem.

Also, $BLUE can be used to pay for withdrawal fees in addition to AVAX. Users have a choice which is especially important for users new to the Avalanche ecosystem. From the withdrawal screen:

It means that new users can withdraw their $BLUE tips into their wallet without needing any AVAX in their wallet to cover fees. This will speed up adoption outside of the avalanche ecosystem and stimulate demand for $BLUE.

The other utility for $Blue is as a staking coin on Farm.Tip.Blue paired with AVAX or in a single-sided vault.

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