NATIX Utility Token

NATIX is the native utility token of the NATIX Network. It is used as a payment method and is the source of staking benefits. The NATIX token thus facilitates the core ecosystem functions as a Unit of Account for network-level activity.
The NATIX tokens grant the following rights and have the following functions:
  • Purchasing data and iLand NFT
  • Staking for a fee reduction of network fees
  • Bonding to become a network actor. The bonded tokens are released if the actor stops operation, or is slashed in case of malicious action or malpractice
  • Staking for the liquidity pool
  • Participate in system governance