📖$EGAX demand
The role of $EGAX Coin as the native utility token for the Egochain ecosystem
Primary Demand for EGAX
On Egochain, EGAX serve as the base tokens which enables it to have two basic use cases:
Consumption: users needs these tokens in other to pay for gas.
Governance/Security: users need to stake tokens to be able to process transactions and secure the network.
Secondary Demand for EGAX
Mint EgoDollar: Egochain coin will also be used to mint $EGOD which will enable users to acquire Egoras tokenised physical product, and also allowing the user to pay for maintenance and/or acquire additional accessories for the products.
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