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Token Agreements

Definition

Token agreements are legal or contractual arrangements governing the issuance, distribution, and use of digital tokens. These documents establish the rights and obligations of token holders, issuers, and other parties involved in a tokenized ecosystem. They can specify details such as utility, governance rights, vesting schedules, and redemption conditions. For projects, clear token agreements are crucial for regulatory compliance and for defining the functional relationship between the token and its underlying protocol or platform.