SX Token Overview
SX Network uses SX as its own built-in native unit of account. SX serves a dual purpose, providing a mechanism by which to pay for transaction fees on SX Network and to be used as the economic staking bond put up by SX Network validators to secure the network.
Beyond securing the network, staking SX also powers the on-chain governance system and community treasury behind SX Network. Governance voting power is determined solely by the amount of SX that one has staked.
Last modified 3mo ago
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