What is YGG really useful for? Understanding how YGG Vaults allow token holders to 'earn' from the metaverse dividends
In the bear market, many people ask me: why hold $YGG? My answer is usually: for its Vaults.
Not just a governance token
Many DAO tokens have little use beyond voting, but YGG is different. It is the 'key' to the entire YGG ecosystem. Through YGG Vaults, this token is given real economic utility:
1. Revenue sharing: The vault contains a massive amount of NFTs and gaming assets invested in by YGG. By staking $YGG , you can participate in liquidity mining and indirectly share in the profits generated by these assets.
2. Essential consumption: Within the ecosystem, paying network transaction fees and purchasing services requires YGG.
A smarter investment approach
This is essentially a form of 'index investing.' You don't need to research which game will become popular, nor do you need to buy those highly volatile game NFTs. As long as you hold YGG, you have exposure to the top assets in the entire GameFi sector. With the YGG Play Launchpad bringing more new projects, the value of the vault will only become more substantial. Holding $YGG means you are betting on the future of the entire Web3 gaming industry. @Yield Guild Games
DYOR
