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XOR

The network utility token used for transaction fees (gas) where 50% of fees are burned and 50% go to validators. XOR has elastic supply managed by a token bonding curve and can be used for staking, liquidity provision, and future SORA Parliament membership.

The network utility token used for transaction fees (gas) where 50% of fees are burned and 50% go to validators. XOR has elastic supply managed by a token bonding curve and can …

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Definition

The network utility token used for transaction fees (gas) where 50% of fees are burned and 50% go to validators. XOR has elastic supply managed by a token bonding curve and can be used for staking, liquidity provision, and future SORA Parliament membership.

Why it matters

Powers every transaction on SORA and gives holders governance rights in the network.

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Sources

Current section: definition