ECR is the governance token of the Epicenter ecosystem.
Like the MKR token under the Maker Protocol, the ECR token is instrumental in maintaining the value of the Epicenter stablecoin, EUSD. Holders of the ECR token are the trustees for the Epicenter ecosystem in that they have voting rights — one vote per token — when it comes to setting the policies and parameters that govern the system. ECR holders have skin in the game: they can expect to profit when the system is functioning smoothly, but they also assume the risk if the EUSD token comes under attack. The ECR token is diluted as necessary to maintain the EUSD soft peg.