⚖️Token Utility

VFARM is the native utility token of the VeriFarm ecosystem, with the following use cases:

  • Traceability & Authentication: VFARM is used for logging and verifying agricultural supply chain data on the blockchain

  • Transaction Fees: Used as gas fees for executing smart contracts within the VeriFarm ecosystem

  • Incentive & Rewards: Farmers, suppliers, and stakeholders earn VFARM for sustainable and transparent farming practices

  • Governance: Token holders can vote on major protocol upgrades and changes

  • Staking & Farming: Users can stake VFARM to access premium platform features and earn rewards

  • NFT Marketplace: VFARM is used to tokenize agricultural assets (land, crops, organic certifications) as NFTs

  • DeFi & Microfinance: Used for decentralized lending, insurance, and credit scoring for farmers

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