DemonChain
Search
K

$DEMON Tokens

The DEMON Token is an integral part of the DEMON Network, functioning as a utility token for payment and settlement within the ecosystem. It has a total supply of 100 billion and is issued as DRC-20 compliant tokens on the DEMON blockchain, allowing for seamless interoperability. The token serves as an economic incentive for participants, rewarding them for contributing computational resources and maintaining the network's integrity. It also plays a role in the consensus process, requiring users to stake tokDRC-20-compliantens as a commitment and deterrent against malicious behavior. The DEMON Token's utility is closely tied to the network's economic incentives, security, and trustworthiness.