Tokenomics
Overview
Token utility and usage
Enso is the native token used within the Enso tendermint-based network. The Enso token is a critical component of the Enso ecosystem, and the network cannot function without the token. The token has key functionality:
Key Functionality
- Gas Enabling Requests: Facilitates the modification of state on the Enso network.
- Governance: Protocol upgrades are facilitated by token voting.
- Network Participation: Validators, Graphers, and Action Providers require staked Enso tokens to slash malpractice.
- Delegation of Staking: Staking can be delegated to network participants to further secure the network.
Token Supply
- Total Supply: 100,000,000 Enso tokens