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About QIE Blockchain
QIE is the native utility and gas token of the QIE Blockchain, a Layer 1 protocol designed for high-speed, low-cost transactions with full EVM and Cosmos interoperability. The token is used for transaction fees, smart contract execution, staking, and network security. QIE features deflationary tokenomics where 80% of gas fees are permanently burned. Within its ecosystem, the token powers decentralized applications (dApps) including the QIEDex, gaming platforms, and the QIE Pass DID-based domain system, which provides universal payment identities.
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