$AUDIO is the native utility token of the Audius platform, a decentralized music-sharing and streaming protocol that directly connects artists and listeners.
Here are some of its primary uses:
- Governance: $AUDIO holders can propose or vote on changes to the platform, giving them a direct say in its operation and development.
- Security: $AUDIO may also be staked to run Discovery and Content nodes, helping secure the network and earning stakers a portion of network fees.
- Feature Access: Holding $AUDIO can give users access to exclusive features or content on the Audius platform.
- Rewards and Incentives: Artists and listeners can earn $AUDIO through various platform engagement mechanisms, incentivizing use and fostering a robust ecosystem.