# Sampo Token

The SAMPO token serves several purposes: payment of transaction fees, governance and simple integrated investment instrument. Powered by Polygon.

SAMPO token on [polygonscan.com](https://polygonscan.com/token/0x6ef9da0d18f7eaee738c5f4ac727c3f4999581a6)

## Utility of SAMPO

### **GAS AND FEES**

Since each trade necessitates computational resources for execution, a fee is incurred. Gas, the fee essential for executing trades successfully, is paid using Sampo's native currency - SAMPO.

### **STAKING**

Earn rewards such as airdrops, lower fees, and buybacks for holding SAMPO and generate passive income. Featuring a high APR, Buybacks, and a limited supply, users participating in SAMPO Staking will gain access to the whitelist for upcoming Sampo Liquidity Providing campaigns and receive rewards from fees.

### DECENTRALIZED GOVERNANCE

As a governance token, it will be utilized for voting, proposing, adapting strategies and indexes, bootstrapping, incentivization, and distributing platform fees.

### FAQ

* $SAMPO is an ERC-20 token that is used to power Sampo. The SAMPO token serves dual purposes: simple integrated investment instrument and payment of transaction fees. Powered by Polygon.
* You can stake $SAMPO to earn rewards like airdrops, get lower fees and buybacks for holding SAMPO and generate passive income. Stay tuned for next stacking rounds.
* Since each trade requires computational resources to execute, each trade requires a fee. Gas refers to the fee required to conduct a trade successfully. Gas fees are paid in Sampo's native currency - $SAMPO.
* $SAMPO is also a governance token, which will be used for voting, making proposals, adapting strategies and indexes, bootstrapping, incentivization and platform fee distribution.
* If you have any questions or concerns please contact us via [Telegram-bot](https://t.me/SampoTradeBot)


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