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