# Socoin ($SOI)

## What is Socoin?

<figure><img src="/files/CTctWSrG0XKRuk4Exqg8" alt=""><figcaption></figcaption></figure>

Socoin ($SOI) is a governance and utility token, playing the most important role in the Soei ecosystem. Users can enjoy unlimited benefits when owning Socoin, including trading, contributing to project management and development, profit sharing, refunds, rewards, and more, built on the Soei ecosystem. Enjoy the limitless benefits from Soei now!

## Use Cases

<figure><img src="/files/8W5YBkt25roYCXE2gy0z" alt=""><figcaption></figcaption></figure>

**Governance**: Propose and vote on improvements, new features, or development directions for a part of the Soei ecosystem.&#x20;

**Staking**: Increase the number of Socoin by holding them for the long term.&#x20;

**Profit Sharing**: Receive exclusive benefits shared from Soei.&#x20;

**Transactions**: Trade or use for exchanging certain NFT items (vouchers, discount coupons, event tickets, etc.) within the Soei ecosystem.&#x20;

**Transaction Fee Rebates**: Get a part of your transaction fees back when engaging in trades on Soei Marketplace.&#x20;

**Buyback and Burn**: The deflationary mechanism is executed by using a portion of the profits from the Soei ecosystem to be allocated for buying back and burning Socoin.&#x20;

**Community Rewards:** Distribute rewards to users of the Soei platform through events, campaigns, etc.&#x20;

**Platform Fees:** Socoin can be used to pay for certain services in the Soei ecosystem

**Other:** Features and mechanisms will be regularly updated throughout the development of the Soei ecosystem to enhance the utility of Socoin.

{% hint style="info" %}
Token smartcontract: comming...
{% endhint %}

## Token Allocation

Max Supply: comming...


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