Token Utility and Functions
Nero AI utilizes its native token, NERO, as a governance token and common currency, with a total supply of 1,000,000,000,000,000,000,000, leveraging the technical infrastructure of the Arbitrum to enable fast, secure, and cost-effective transactions.
Holders of NERO tokens have the right to participate in platform governance, including voting on proposals and decisions that shape the future of the platform. This ensures that the Nero AI's governance is decentralized and community-driven.
Governance Rights
NERO token holders can participate in platform governance decisions, including proposing, voting, and providing feedback on decisions. They can influence the platform's development direction and policy-making by holding and voting with NERO tokens.
Medium of Exchange
The NERO token can be used as a common currency within the platform for paying for computing power services and participating in computing power transactions.
Incentive Mechanism
The NERO token can be used as part of the incentive mechanism to reward computing power providers and other participants, encouraging their active involvement in the platform ecosystem.
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