What can I do with my Tokens?

In addition to owning digital assets, Songbird and Flare enables financial activity via applications built into the platform. Users can use their digital assets inside of Ethereum applications. Trading & exchange, borrowing & lending, derivative and prediction markets are all possible activities on Ethereum that leverage digital assets.

Financial applications on Songbird/Flare can offer basic financial services to those that are not able to access them in their local region. Many Dapps offer savings accounts or investment tools for their users. Unlike traditional financial services like Banks, where you give up ownership over your assets and trust that the Bank will keep them safe, Dapp allow you to retain complete ownership over your digital assets while you use them inside of financial applications.