$NOVASTRO
$NOVASTRO is the cornerstone of the Novastro AI Layer 2 network, designed to fuel the ecosystem and enhance its functionality at every level. Serving as the primary utility token, $NOVASTRO enables smooth operations across the platform while ensuring scalability, efficiency, and robust transaction throughput.
It empowers token holders with active roles in decentralized governance, staking, and liquidity provision, creating a dynamic and engaged community. $NOVASTRO also plays a crucial part in tokenized Real World Asset (RWA) management, protocol fees, and integrating cutting-edge technologies like Digital Twin Containers (DTC).
Here’s how $NOVASTRO drives the Novastro AI ecosystem:
Native Gas Token: $NOVASTRO will be used to pay for transaction fees on the Novastro AI Layer 2 network, ensuring seamless and cost-effective operations while supporting scalability and high transaction throughput.
Governance: $NOVASTRO holders will have the power to participate in Novastro AI’s decentralized governance, including decisions on network upgrades, parameter adjustments, and ecosystem funding.
Staking: $NOVASTRO will power the staking mechanism for securing the Novastro AI network, where token holders can stake their tokens to contribute to network security and earn staking rewards.
Liquidity Provision: $NOVASTRO can be utilized in liquidity pools across the Novastro AI ecosystem, providing active users with opportunities to contribute to liquidity and earn additional rewards and benefits.
Protocol Fees: All fees across Novastro AI’s ecosystem, including those for tokenized RWA transactions and RUSD interactions, can be paid in $NOVASTRO, further driving demand and enhancing utility.
Digital Twin Integration: $NOVASTRO will serve as the core token for operating Digital Twin Containers (DTC), facilitating real-time RWA tokenization and lifecycle management, ensuring compliance and transparency.
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