What are Bars?

Bars are in-app credits used to bid on projects, use some platform services, tip creators, and pay service fees.

Key characteristics:

• Bars have a fixed USD exchange rate (purchase price) of $0.10 each
• Bars are used as collateral for bids (10% of bid amount per sale spot reserved, plus 1 Bar service fee)
• Note: While Bars have a purchase price, they are not tradable and cannot be withdrawn

Usage examples:

• Backing projects with bids
• Paying platform service fees
• More coming soon…