Token Usability & Staking Mechanics
Q: What can I do with my tokens?
Our token plays a vital role in securing, optimizing, and incentivizing participation in the network. Here are the key use cases:
- Bandwidth Staking for Projects: Projects can stake tokens to secure dedicated bandwidth, ensuring stable and efficient data transmission. This helps prevent congestion and guarantees performance for high-priority applications.
- Staking Relay Nodes for Routing Preference: Node operators can stake tokens to improve their routing preference. Higher-staked relay nodes are prioritized in the network, leading to faster and more reliable data relays.
- Staking DIDs for Access to Short DIDs: Users can stake tokens to secure premium or short-form Decentralized Identifiers (DIDs). This makes short DIDs scarce and valuable, encouraging long-term staking for brand identity or personal use.
- Delegated Bandwidth Staking for Yield: If you’re not using your tokens directly, you can delegate them to projects in exchange for a share of their staking rewards. This allows you to earn passive income while supporting network activity.
- Future Use Cases (Coming Soon!) We’re continuously expanding token utility. Some potential future features include:
- Governance & Voting: Use tokens to influence network policies and decisions.
- Content Prioritization: Stake tokens to boost visibility and distribution.
- Service Access: Unlock premium features, APIs, or exclusive tools.
- Reputation & Trust Scoring: Higher stakes could improve credibility in the network.