ONG
Transaction Fees: ONG is used to pay for transaction fees on the Ontology blockchain. Staking Rewards: Users can stake ONT tokens to earn ONG as a reward.
Tags:CryptocurrenciesETH tokenONG is the utility token of the Ontology blockchain platform. It’s designed to complement the main ONT token and plays a crucial role in the network’s operations.
Key Functions of ONG:
Transaction Fees: ONG is used to pay for transaction fees on the Ontology blockchain.
Staking Rewards: Users can stake ONT tokens to earn ONG as a reward.
Network Security: ONG contributes to the security and stability of the Ontology network.
Relationship with ONT:
Dual-Token Model: Ontology employs a dual-token model with ONT and ONG.
Interconnected: ONT and ONG are interconnected through staking and other mechanisms.
Key Points:
ONG is essential for the functioning of the Ontology blockchain.
It provides a mechanism for paying transaction fees and rewarding ONT stakers.
ONG contributes to the overall security and stability of the network.
| ONG | |
| Max. supply: | 1,000,000,000 ONG |
| Contracts: BNB Smart Chain (BEP20) | 0x308bfaeAaC8BDab6e9Fc5Ead8EdCb5f95b0599d9 |
| X: | @OntologyNetwork |
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