The Sparrow Token (SPO) is an ERC-20 token that runs on the Ethereum blockchain. A total of 1.4 billion SPO will be issued by Sparrow.
Discounted transaction fees
Users can enjoy attractive discounts by paying with SPO. The discount is currently set to 50% of the posted transaction fee.
Every quarter, we plan to burn up to 50% of the trading revenue received on the Sparrow platform until we destroy 50% of all SPO issued. All transactions will be on the blockchain.