DIVER serves as the utility token of the Divergence protocol. It is designed to incentivize protocol adoption and enhances community governance. It accrues value from the growth of the protocol:
1️⃣Trading Fees
Of the options transaction fees, 70% is distributed pro-rata to in-range liquidity providers, whereas the remaining 30% goes to the Divergence Protocol.
2️⃣Exercise Fees
Options that expire in the money offer a fixed payoff, and when traders go claim the proceeds, a fee will be charged. The option exercise fee will be used to cover the costs of third-party oracles, and other contingencies.
