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RE: LeoThread 2024-06-21 23:10

in LeoFinance7 months ago

3/3 The primary purpose and Use Cases of TON crystal are as follows:

  • Transaction Fees: TON is used to pay transaction fees within the TON blockchain.
  • Staking: Holders of TON can participate in the network’s Proof-of-Stake (PoS) consensus mechanism by staking their tokens to validate transactions and secure the network. Stakers earn rewards in TON for their participation.
  • Payments: TON can be used for peer-to-peer payments and other financial transactions within the ecosystem.
  • Governance: TON holders may participate in the governance of the network, influencing decisions on protocol upgrades and other important matters.