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SHER

Sherlock

SHER
Current price
Stock Type Cryptocurrency
Official Website www.sherlock.xyz
Hashing Algorithm
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Position among cryptocurrencies by capitalization
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SHER
14.09.2024 - 21.09.2024

SHER token is the governance token for the Sherlock protocol. The governance functions of the SHER token will increase over time as the protocol matures. In the short-term, the SHER token will be used as incentives for stakers and protocols as well as for compensation to the security team. In the long-term, the SHER token is expected to play a role in managing which Watsons are assigned to which protocols, as well as other critical protocol parameters.

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