Gas
$7.3390
-1.47%
  • Rank #397
  • Market Cap -1.46% $102,269,190
  • 24H Spot Volume -37.48% $30,354,464.18
  • 24H Volume / Market Cap -36.17%+30.00%
  • Circulating Supply 13,935,116.24
  • Total Supply -
  • Max Supply -
  • Fully Diluted Valuation -
  • API ID gasgas1 copy duigou
  • Project Start Date -
  • Contracts & Explorer(s) coin-img 602c7...82de7
    copy duigou
  • Websites Website
  • Links
    • icon
    • icon
    • icon
    • icon
    • icon
    • icon
    • icon
About GAS Roadmap & Milestones
Gas is a token created on the NEO blockchain platform with primary purpose of being fees for processing transactions on the NEO network.

GAS is also known as NEO GAS and was designed to control the NEO network. NEO has two different coins. The first coin is the main cryptocurrency NEO and the other is NEO GAS, also known as GAS. In addition, both cryptocurrencies have a limit of 100 million coins. The GAS cryptocurrency is used to control the management rights to the NEO coin. These rights include, for example, accounting reconciliation and changes to network parameters. It is also planned for coins to be mineable, with this function not presently activated.

Inheriting from Neo Legacy, Neo N3 employs the dual-token mechanism, where NEO is used for governance and GAS is used for payment. Every time a smart contract is fulfilled it is verified by the NEO Blockchain. Companies on NEO blockchain must spend GAS to run their apps on the NEO system (e.g. smart contract registration fees) and this GAS is recycled back to NEO holders as well as newly generated GAS. As the NEO network grows, GAS produced by holding NEO will also increase.

Expand
Related News
Alien Worlds NFT Game Launches In-Game DAOs to Spur Competition Alien Worlds NFT Game Launches In-Game DAOs to Spur Competition
Blockchain Solutions Zilliqa Announces Partnership with Alien Worlds Blockchain Solutions Zilliqa Announces Partnership with Alien Worlds
Binance to Launch BUSD-margined $DOT Perpetual Contracts on June 8th Binance to Launch BUSD-margined $DOT Perpetual Contracts on June 8th
Visa Introduces Crypto Withdrawals and Payments on Debit Card Visa Introduces Crypto Withdrawals and Payments on Debit Card
Hedera Allocates 4.86B $HBAR Token to Ecosystem Development Hedera Allocates 4.86B $HBAR Token to Ecosystem Development
Latest News More More
2 Days Ago RWA Protocol Ondo Finance to Launch Tokenized Security
2 Days Ago Bitwise Thinks Spot Bitcoin ETF to See the Next Wave of Institutional Capital as Major Brokerage Firm Open Gate
2 Days Ago Blast Launched Mainnet, Unlocking $2.3B Staked Assets
3 Days Ago Morgan Stanley Considering Add Spot Bitcoin ETF to its Brokerage Platform
3 Days Ago Bitcoin Staking Protocol Babylon Launched Testnet
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open