Token Utilities
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GPU Mining and Staking Rewards:
GPU Mining: GPU owners who stake their GPUs in the network receive $PLANCK in Proof of Contribution (PoC) and Proof of Deployment (PoD) rewards. This incentivizes users to contribute their hardware to the network, supporting its computational power and AI capabilities.
Staking for GPU Support: Token holders can stake $PLANCK to support GPU operators and share in the rewards generated by their contributions. This creates a collaborative ecosystem where token holders and GPU providers work together to strengthen the network.
Staking for Network Stability: Token holders can also stake $PLANCK to support the overall stability and security of the network. This staking mechanism helps secure the network and rewards those who actively participate in its maintenance.
Other $PLANCK Token Utilities:
Transaction Fees: $PLANCK tokens are used to pay transaction fees on the Planck blockchain.
On-chain DAO: $PLANCK token holders have a voice in the governance of the network, participating in decision-making processes.
Payment Option: $PLANCK tokens can be used as payment for various services within the Planck ecosystem.
DEX Fees: Trading fees on the Planck DEX will be denominated in $PLANCK tokens.
Bridge Fees: Fees for transferring assets between different blockchains will be charged in $PLANCK tokens.
Liquidity Pool Incentives: Liquidity providers on the Planck DEX can earn rewards in $PLANCK tokens.
