Maxi Network
  • Maxi Network
    • Introduction
    • Blockchain Introduction
      • What is "Blockchain"
      • What is "Gas"
    • Vision and Objectives
    • Glossary
    • FAQ
      • How to buy gas in Maxi Network?
      • Transaction is pending on Metamask
      • Private key lost
      • How to contact support?
  • Connect to Maxi Network
    • Metamask
      • How to set up Metamask
      • How to create Metamask Wallet
    • Add Maxi Network on Metamask
    • Submit your project
  • Technical Development
    • Technical Introduction
    • Proof of Stake (PoS)
    • JSON-RPC Endpoint
    • API Documentation
  • Tokens
    • Token Introduction
    • MGAS Token
      • MGAS Utility
      • MGAS Tokenomic
      • How to buy MGAS Token
    • ION Token
      • ION Utility
      • How to buy ION Token
    • Game Token
  • Services
    • Maxi Bridge
      • Maxi Bridge link
    • Maxi Explorer
    • Maxi Faucet
  • Ecosystem & Partnerships
    • Ragnarok Landverse Thailand
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  1. Tokens
  2. MGAS Token

MGAS Utility

The Role of $MGAS in the Ecosystem

$MGAS is more than just a token; it’s the lifeblood of Maxi Network, facilitating a wide range of activities and benefits within the ecosystem:

"Its aim is not for trading but to be used as a gas on the network."

  1. Transaction Fees: $MGAS is used to pay for transaction fees on the network, ensuring smooth and efficient processing of operations.

  2. Incentives for Developers: Developers building on Maxi Network can receive $MGAS as incentives, encouraging the creation of innovative projects and applications.

  3. Ecosystem Growth: The various funds allocated for ecosystem development, community projects, and liquidity provision ensure a dynamic and thriving ecosystem, continually driving growth and adoption.

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Last updated 11 months ago