How to use xSCRIBE

xSCRIBE is illiquid and non-transferable, but can be used through plugins' allocations, and in the future on approved (whitelisted) contracts providing additional usages.

Allocations

Users can freely allocate their available xSCRIBE to any plugin to take advantage of its benefits. While xSCRIBE is allocated and consequently deposited on the token contract, it can't be used for anything else.

Deallocating allocated xSCRIBE will withdraw the amount back into the owner's wallet.

A default 0.5% fee will be applied when deallocating xSCRIBE.

Transfer

xSCRIBE is by default non-transferable, except from/to whitelisted addresses. This is made so that essential interactions (like allocations and redeem with the token contract) and additional usages (for instance with partners specific implementations...) can still be leveraged.