🟢What is the utility of the OPEN token?
A: The native OPEN token powers the OpenLedger ecosystem with several key functions:
Gas fees: Used for all transactions and AI-related computations on the L2 network.
Rewards: Distributed to data contributors, developers, and validators as compensation.
Staking: AI agents and validators must stake OPEN to provide services.
Governance: Token holders can vote on protocol upgrades and other ecosystem decisions.
Payments: Enables "Payable AI," where users can pay for AI services via micropayments.