$ICE is a Polygon based utility token of Iron Finance and holders can stake $ICE to receive fees from the Iron Finance ecosystem.
To incentivize participation in Iron Finance governance, we are introducing the BlueICE Governance staking model and ecosystem profit-sharing. In other words, ICE can now be staked (locked) to receive fees from the Iron Finance ecosystem. BlueICE is inspired by the governance concept of Curve’s veCRV token model, which has the best token design in the industry for long-term holders. It encourages long-term staking and active community involvement through unbiased governance.