DEAR Native Token
Native tokens are often used to pay transaction fees or stake in DPoS systems. Therefore, they are often considered a proxy for the value of the ecosystem the network represents. Ether (ETH) on Ethereum is an example of a native token.
Once the rules of the smart contract are written onto the blockchain, the next step is to acquire funding. Since smart contracts require the creation and distribution of internal property like native tokens, which can be used for voting or incentivizing certain activities on the protocol. Individuals or entities interested in participating in the DAO’s growth can purchase the DAO’s native tokens which are cryptocurrencies tied to certain projects. Token holders are given voting rights proportional to their holdings and can own equity in the DAO to help shape the DAO’s future.
DEAR Protocol will have native tokens embedded in the chain itself even native currency will be one token. NFT will also be one native token having one id and url as extra data. Detailed Arch. Which is yet to be built.
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