ENKI Token

The ENKI token functions as the core utility and governance token of the platform, offering holders access to numerous advantages. Its primary utility lies in acting as a "reward booster" within the vesting contract. By staking a certain quantity of ENKI tokens, users can unlock the complete spectrum of eMetis rewards derived from the sequencer node operations.

Furthermore, ENKI token holders possess the power to shape crucial aspects of the ENKI ecosystem, including fee structures and protocol enhancements. This collaborative governance approach plays a critical role in maintaining the protocol’s efficiency and reliability.

Last updated