$GAS Gas (GAS) - Cryptocurrency

What is Gas (GAS)?

Gas (GAS) is a utility token used in the Neo blockchain. Its main role is to pay transaction fees and deploy smart contracts in this network. Along with the NEO token, GAS forms a dual token system that allows for the separation of governance rights and usage rights in the network.

Total supply:

Maximum supply: 100 million GAS.

As new blocks are generated, a certain amount of GAS is created. The process of GAS generation is expected to be completed by the year 2039.

Who created it:

GAS, like the NEO token, was created by the Neo Foundation. This organization is responsible for the development of the Neo platform, often referred to as the "Chinese Ethereum."

Usage of GAS:

Gas is paid to NEO holders as dividends.

It is used to pay fees in the network, similar to how "gas" is used in the Ethereum network.

It can be divided, making it suitable for microtransactions.

Buy GAS:

GAS can be purchased on major crypto exchanges such as Binance and Poloniex.