Ownly
  • OWNCHAIN
    • Welcome to Ownchain
    • Ownchain Introduction
      • Ownchain Blockchain
      • OWN Token
      • FAQ
    • Ownchain Protocol
      • Ownchain Core Technology
      • AnyTrust: Transforming Blockchain Foundations
        • Optimizing Expenses with Trust-Based Strategies
        • Flexibility through Keysets
        • Essentials of Data Availability Certificates (DACerts)
        • Enhanced Data Publication Strategies
        • Data Availability Servers (DAS)
        • Interactions Between Sequencer and Committee
    • Ownchain Roadmap
  • OWN TOKEN and NODE KEY NFT
    • OWN Tokenomics
      • OWN Token's Functionality and Role
    • Understanding OWNCHAIN Node Key NFTs
      • How Ownchain Node Key NFTs Function
      • Who Can Participate in Operating a Node Key NFT
      • Node Key NFT (Non-Fungible Token)
      • Node Key NFT System Specifications
  • OWNCHAIN TESTNET
    • Connect to Ownchain Testnet
    • Bridge to Ownchain Testnet
  • ALL ABOUT OWNLY
    • Team
    • Ecosystem
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  1. OWN TOKEN and NODE KEY NFT
  2. OWN Tokenomics

OWN Token's Functionality and Role

OWN serves as the principal token for the OWNCHAIN blockchain, embodying traditional utility functions similar to those seen in mainstream Layer 1 (L1) and Layer 2 (L2) networks, with full transferability.

OWN acts as the transaction fee currency on the OWNCHAIN L3 platform.

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Last updated 1 year ago

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