ICE is the utility token for the entire IRON Finance ecosystem, traded and farmed on decentralized exchanges across the Polygon network.
Besides being a utility token, ICE also represents a portion of both governance and profit-share of all platform revenues. When a user chooses to stake their ICE, they receive BlueICE, the governance-staked version of ICE, in return. This way, ICE turns into an interest-bearing asset with governance rights, and accrues platform profits (USDC dividends) on a block to block basis.Holders of BlueICE can participate in the protocol's governance, allowing them the ability to influence the future of the protocol and their own wealth in the process.