A Companion Token is a type of digital asset that is created to work alongside another cryptocurrency. It is designed to provide additional functionalities or benefits to users who hold the main cryptocurrency.
Companion Tokens usually have a specific use case or purpose within the ecosystem of the main cryptocurrency. They can be used for activities like voting on governance decisions, accessing special features, or participating in events or promotions.
These tokens are often distributed to holders of the main cryptocurrency in a process known as airdropping. This means that users receive Companion Tokens for free based on the amount of the main cryptocurrency they hold in their wallets.
Overall, Companion Tokens are meant to enhance the user experience and utility of the main cryptocurrency by providing added value and incentives for holders.
