🪙$PRFCT

The primary function of the PRFCT ERC-20 token revolves around incentivizing liquidity providers on the PerfectSwap platform. These PRFCT tokens, initially supplied by liquidity providers, can subsequently be acquired and converted into financial NFTs known as veNFTs (ERC-721), as previously discussed. Possessing these NFTs grants users the following opportunities:

1. Earning: vePRFCT holders can earn a share of 20% of the trading fees generated by the PerfectSwap protocol. Additionally, vePRFCT accrues 100% of the incentives offered by various protocols seeking to boost liquidity on the PerfectSwap platform.

2. Voting: vePRFCT holders have the privilege to vote on which pools to incentivize with PRFCT emissions each week, receiving immediate payouts in return ("cash for vote").

3. Boosting: Another advantage of vePRFCT ownership is the ability to enhance rewards for provided liquidity. Locking PRFCT tokens in a vote allows users to earn a boost of up to 2.5x on the liquidity they provide on PerfectSwap. This feature is temporarily paused during the growth phase of the PerfectSwap platform.

4. Governing: In addition to the above benefits, vePRFCT holders have a say in shaping the future of the PerfectSwap platform. This includes decisions related to technical pool parameters, operators, and governance. It's worth noting that on-chain governance will be implemented in the future once PerfectSwap has been fully bootstrapped.