Gas N3 GASN3
$5.3568 0.65%
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Updated at 02:36$362,442,891.83
#176
$12,507,562.46 7.74%
-$0.03505 0.65%
-$0.11379 2.12%
What about Gas N3?
Gas N3 crypto is a new way to cover gas fees on the Neo N3 blockchain. Neo is a unique blockchain that uses a dual token model, with NEO serving as the governance token and GAS serving as the utility token. GAS is divisible to the eighth decimal, making it a convenient and flexible option for covering transaction fees.
In the new N3 version of Neo, GAS plays an even more important role. Its use cases have expanded, and the conditions for it to be useful are more favorable than ever. This means that GAS can be used for a wider range of purposes on the network, and users can make better use of it to cover their transaction fees.
Major improvements to GAS include:
Increased utility: GAS N3 has increased utility as it is used not only as a transaction fee but also as a governance token and staking mechanism.
Improved governance: GAS N3 holders can participate in network governance and vote on proposals and updates to the NEO ecosystem.
Enhanced scalability: the NEO ecosystem has improved its scalability through the use of sharding, enabling more transactions to be processed simultaneously.
Reduced transaction fees: the introduction of sharding and the use of GAS N3 as a governance token has led to a reduction in transaction fees.
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