$RECORD

$RECORD is a key component of Music Protocol, driving the platform’s operations and risk management. As the native token, it plays an important role in the ecosystem by facilitating risk-sharing and aligning the interests of all participants.

$RECORD holders can stake their tokens in the Risk Sharing Pool, where staked tokens serve as collateral to protect against underperformance in Investment Pools, mitigating potential losses. Stakers are rewarded with yields set by the protocol’s governance, creating an incentive structure that enhances security and stability for the entire system.

Beyond its role in risk mitigation, $RECORD is vital for ensuring accountability in the evaluation of Royalty-Linked Notes. Underwriters stake $RECORD to guarantee their assessments, aligning their evaluations with the platform's success. Issuers also stake $RECORD when setting up Investment Pools, covering the cost of due diligence and signaling their commitment to the platform.

$RECORD links Contract Address: 0xE642657E4F43e6DcF0bd73Ef24008394574Dee28 Basescan: https://basescan.org/address/0xE642657E4F43e6DcF0bd73Ef24008394574Dee28

Aerodrome: https://aerodrome.finance/deposit?token0=0x4200000000000000000000000000000000000006&token1=0xE642657E4F43e6DcF0bd73Ef24008394574Dee28&type=-1 Dex Screener: https://dexscreener.com/base/0x445deebc5863a8ae9e2bdf7adced6202509c5d5a

Dex Tools: https://www.dextools.io/app/en/base/pair-explorer/0x445deebc5863a8ae9e2bdf7adced6202509c5d5a?t=1721216579932

CoinMarketCap: https://coinmarketcap.com/currencies/music-protocol/

CoinGecko: https://www.coingecko.com/en/coins/music-protocol

GitHub: https://github.com/orgs/Music-Protocol/repositories

Audit: https://certificate.quantstamp.com/full/music-protocol-token-staking-and-dao/3cb260d9-3d7c-47a8-b247-6ca4ce733ab6/index.html

Socials

Telegram: https://t.me/officialmusicprotocol

Twitter: twitter.com/MusicProtocolX

LinkedIn: linkedin.com/company/music-protocol

Farcaster: warpcast.com/musicprotocol