🌝Tokenomics

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.