how about the ecosystem of the Sparrow Token, is it similar to Stablecoin?
We have 2 coins, one is SPO which is a native payment token on Sparrow platform, You get 50% discount on transaction fees while using it. We also have Sparrow Dollar (SP$), which is a settlement currency of Sparrow platform. It allows traders to settle contracts easily with a commonly denominated settlement currency.
that means, SPO tokens will not have value and its only used to access services on the Sparrow platform ?
I also heard the minimum convert is 1000 SPO, that means a bonus 100 SPO for registering an account not worthless at all. this is like fraud to get free KYC for the new user, you don't respect them.