Cadence Protocol (CAD) Ethereum

Cadence Protocol is an intent-centric perpetuals aggregator first launching as the flagship perpetuals protocol on Canto that will be the most capital-efficient use of liquidity by integrating Real World Assets (RWAs), Contract-Secured Revenue (CSR), and Liquid Staking Derivatives (LSDs). This protocol will be integrated into Cadence's intent-based execution network, Symphony. Cadence, powered by Symphony, will tackle liquidity fragmentation and redefine DApp user experience to revolutionize the DeFi ecosystem.
CAD serves as the project's main utility and value capture mechanism. As Cadence evolves, the value of the CAD token will increase with the extra use-cases from Symphony integration.
Utility of the CAD token includes:
- 100% of fee revenue redistributed to CAD and CLP stakers
- Governance voting rights
- Long-term increasing share of protocol through the exit fee mechanism
- Staking benefits for traders such as increased incentives and rewards
- Referral program rewards
- Solvers must stake CAD to participate (intent-centric infrastructure Symphony)
- Gas payment token via Account Abstraction (intent-centric infrastructure Symphony)
- Other unique strategies and products in the future (intent-centric infrastructure Symphony)