Token utility

The $EN token within the E•network ecosystem offers various utilities that empower users and contribute to the platform's growth and engagement:

  • Staking: Holders of $EN tokens can participate in staking, where they lock a certain amount of $EN for a specific period to support the network's security and stability and gain high API.

  • Spend and Utilize Across Partner Network: Just like $ENET, $EN token holders have the opportunity to trade, spend and utilize their tokens across E•network's vast and expanding partner network.

  • DAO Governance on Minting of $EN Token: $EN token holders can actively participate in the decentralized autonomous organization (DAO) governance process related to the minting of new $INER tokens for reward and other activities. Through DAO governance, token holders have a voice in deciding the token's supply, issuance, and overall monetary policy, ensuring a democratic and community-driven approach to token creation.

  • Reward Token for MVP Program: $EN serves as the primary reward token for the Most Valuable Participant (MVP) program. Participants in the MVP program have the opportunity to earn $EN tokens by engaging in various activities, such as inviting friends to the platform. These rewards incentivize and motivate users to actively participate and contribute to the growth of the E•network ecosystem.

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