Market Data
About GAS
GAS is one of the two native tokens of the Neo blockchain, serving as the utility token for the network. It is primarily used to pay for transaction fees and the execution of smart contracts within the Neo ecosystem. Unlike NEO, which represents ownership and voting rights in the network, GAS is generated by holding NEO tokens and is designed to function as the fuel for network operations. The distribution of GAS is governed by an algorithm that gradually decreases over time, mirroring the utility requirements of the platform.
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