
It’s time to regulate crypto
Explain It to Me
00:00
FTT
FTX is a token that can be used to shore up the balance sheet of Alameda research. It's not a share in FTX, it doesn't give you control over the governance of the treasury. So essentially FTT is like your crypto VIP points. If there is a decline in the value of the rewards points, then your balance sheet is in real trouble.
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