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PSY is purely a governance token that manages the smart contracts, and treasury of tokens through on-chain voting. Proposals will be made on-chain, and voted on with the PSY token.
The PsyOptions protocol does generate fees from minting and exercising, volume on permissioned Serum markets, and affiliate fees from the user interface integrated with Serum order books. These fees are deposited into an address controlled by the governance protocol, with which PSY tokens can make proposals and cast votes.
The live PsyOptions price today is $0.000708 USD with a 24-hour trading volume of $3,634.34 USD. We update our PSY to USD price in real-time. PsyOptions is down 6.85% in the last 24 hours. The current CoinMarketCap ranking is #5664, with a live market cap of not available. The circulating supply is not available and a max. supply of 1,000,000,000 PSY coins.