TNT Token Information and Utility

The Tangle Network's native token is TNT, used as the gas token, payment token, and base restaking asset for Tangle Blueprints and restaked services.

Usage Cases

Consensus Mechanism and nPoS:

The Tangle Network's nominated proof-of-stake (nPoS) consensus mechanism requires TNT to be staked by validators to participate in validating blocks. Additionally, nominators can nominate their TNT to individual validators to participate in the rewards to that validator and increase that validator's tokens-at-stake.

Network Economics

Tangle Network dynamically mints or burns TNT tokens to reward consensus protocol participants like validators and nominators, partially fund its treasury, manage inflation, and ensure the network's economic stability.

Restaking Economics

TNT serves as the currency for transactions between job submitters and validators within the Tangle Network's restaking infrastructure. This facilitates seamless, secure, and efficient execution of complex and on-demand computational services.

Slashing Mechanisms:

To safeguard against malicious activities, TNT tokens are integral to Tangle's slashing protocols across consensus and the restaking system. These measures are designed to deter attacks and incentivize adherence to network protocols.

Governance Empowerment:

TNT holders wield governance power, enabling them to partake in pivotal network decisions through referenda. This democratic approach ensures that the Tangle Network evolves in alignment with its community's interests.

A considerable portion of TNT will be actively engaged in the network, either staked by validators and nominators for network security or utilized in the execution of Tangle Blueprints. This not only ensures the network's resilience and security but also drives engagement and utility within the Tangle ecosystem.