|
Gas GAS |
BUY
|
|
$1.56 |
-1.05% (24h) |
|
|
Marketcap |
||
|
$101,505,352 |
||
|
Volume 24h |
||
|
$6,202,108 |
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Description
GAS (GAS) is the secondary utility token of the NEO blockchain, functioning as the "fuel" required to execute smart contracts and process transactions. While the NEO token represents ownership and governance of the network, GAS is generated automatically by holding NEO in a compatible wallet. Users must pay GAS to developers for computational resources, and this GAS is then redistributed to the network's consensus nodes. This dual-token model separates governance from utility, ensuring that the network remains efficient and that the cost of usage is decoupled from the value of the governance asset.