DBD Token Use Cases

DBD is the utility token of Day By Day. This is how you can get involved.

DBD is on Polygonarrow-up-right and Algorandarrow-up-right with more chains planned for the future.

DBD's Polygon contract address: 0x72b9f88e822cf08B031c2206612B025a82fb303C

DBD's Algorand ASA ID: 1131427236

How to Get DBD

  1. You can earn DBD in our Asset Register Apparrow-up-right for adding or updating asset information. Please note, only assets with proof of ownership are valid for receiving DBD.

  2. You can buy DBD on BitMart Exchangearrow-up-right - a centralised Cryptocurrency exchange. You have the choice to withdraw to either the Polygon chain or the Algorand chain.

  3. You can swap tokens for DBD on Quickswaparrow-up-right for the Polygon chain

  4. You can swap ALGO for DBD on Vestigearrow-up-right for the Algorand chain which will find you the best price for our Algorand partners.

Use Cases for DBD

Live:

  1. Monetising Insured Assets

  2. Hold, stake and earn DBD

  3. Gift card purchasing from Day By Day's asset register app

  4. CEX/DEX trading

  5. Liquidity farming

  6. Burn DBD for discounted NFT Policy Minting

  7. Underwriting rewards

  8. Discounts on insurance premiums

  9. Token rewards for not claiming insurance coverage

Upcoming:

  1. Referral rewards

  2. DAO Platform Governance participation

  3. Become a certified Day By Day claims assessor by owning DBD tokens

  4. Earn DBD tokens for every assessment you participate in approving

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