Greetings everyone, today I want to explain you why $SWTR token will be important for Swisstronik's mainnet, how it will be used and you will understand that skipping pre-sale was a big mistake.
In general, $SWTR will have three key usages - Staking, Governance and Gas Consumption. Also there will be three types of this token depending on standarts - Native $SWTR, Swisstronik-typed (PERC-20) and Ethereum-typed (ERC20).
Staking
To maintain the security and stable operation of a blockchain based on Proof-of-Stake, SWTR staking is used. This process involves holding and blocking coins to ensure the reliability of the network, protect it from threats, and maintain continuous operation.
Governance
As a governance token, SWTR gives holders the opportunity to participate in decision-making for the ecosystem by proposing changes or improvements and voting on them.
Gas Consumption
This token is also used as gas to run smart contracts on EVMs. $SWTR allows users to interact with decentralized applications and execute transactions in the Swisstronik ecosystem. In theory, it should reduce gas cost too.
Conclusion
So $SWTR with its main features looks super bullish. There was already one public pre-sale, where people had an opportunity to buy it for 0.45$ per token. Maybe it will be one more, who knows?
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