🪙SHA Token Utility
The SHA token is at the heart of Inheriti®, serving as the fuel that powers our innovative digital inheritance and data backup solution. By integrating SHA into our protocol, we ensure a seamless, secure, and efficient Web3 user experience while providing tangible value to our community.
Core Utility in the Inheriti® Ecosystem
Fueling Protection Plans
Every time a protection plan is created on Inheriti®, SHA tokens are used to power the blockchain smart contracts that execute the plan. Whether you’re setting up a data backup plan or a digital inheritance plan, SHA tokens ensure that the process is decentralized, secure, and immutable.
Supporting Fiat Payments in Web3
Even if you choose to pay for your protection plan with fiat currency, SHA tokens are still involved behind the scenes. A dedicated SHA token pool is used to fuel the smart contracts, and a portion of your fiat payment is utilized to buy back SHA tokens, replenishing the pool and maintaining the ecosystem’s balance.
This is 100% web3 in web2, and the other way around.
Incentives for Using SHA
Discounts through SHA Coupons
For users who already hold SHA tokens, there’s an added incentive to use them directly within the platform. By purchasing a coupon with SHA, you not only contribute to the token pool but also receive a 5% discount on the remaining cost of your protection plan.
This approach benefits both the user and the ecosystem, ensuring that SHA remains an integral part of Inheriti®’s operations.
Utility Rewards for Safe Node Holders
SHA tokens also play a crucial role in the Safe Haven ecosystem’s node reward system.
By holding and staking SHA in a Safe Node, you can earn rewards over time. These rewards are generated from the utility of SHA within the Inheriti® platform, reinforcing the token’s value and utility.
A Sustainable Ecosystem
SHA tokens are a critical component of a sustainable and decentralized digital asset protection system. By participating in the SHA token ecosystem, users contribute to the ongoing security and development of Inheriti®, while also reaping the benefits of holding and using SHA.
Whether you’re securing your digital assets or building a long-term digital legacy, SHA tokens provide the utility and incentives needed to make it all possible.
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