$MY has multiple use cases. For example, holders stake $MY to determine rewards allocation and participate in platform governance. $MY is also needed in Voting fees, earning transaction fees, NFT minting, and curating, among others.
The most prominent feature on Mynft is our original Voting mechanism, which creates a new pathway for creators to get exposure and rewards. Followers stake $MY to vote on how rewards will be allocated among creators. In turn, they get $MY incentives for collecting NFTs and voting for creators.