Theta Fuel (TFUEL) exchange rate

Price for today
USD 0.01
+2.40% arrow up
BTC 0.00000080
+2.33% arrow up
Market Cap
$ 51 786 698.07
Volume (24h)
$ 2 358 038.15

About Theta Fuel

Theta Fuel is the operational token of the Theta protocol. TFUEL powers on-chain operations like payments to relayers for sharing a video circulate, or for deploying or interacting with smart contracts. Relayers earn TFUEL for every video flow they relay to other customers at the network. you could consider Theta gasoline because the “gas” of the protocol. At Mainnet launch on March 15th 2020, TFUEL became created as a native token on the Theta blockchain. it is essential to apprehend the distinction among tokens for Theta protocol. THETA is used strictly for staking and securing the network, while TFUEL is used to electricity microtransactions and operations of the community. this is necessary due to the fact staking inherently decreases circulating supply, but video relay transactions and smart contracts will require a noticeably-liquid token that can facilitate thousands and thousands of each day transactions.

FAQ About TFUEL

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