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Ren Ren
Diego-Lara

So does Ren becoming a layer 1 add more utility

to the REN token? Or is the only usecase still to bond 100k ren to operate a node. How is gas paid? - We need more utility for $REN

#cryptocurrency #english #ren
0

4 ответов

3 просмотра
chicobermuda-

Doesn’t change the utility at all. Gas for multichain application transactions can be paid in any token. Multichain apps are just another feature of RenVM (in addition to interoperability) that will increase volume and fees accrued to Darknodes.

0
15.10.2021
BigReg-

One of the beautiful things about REN is that it's utility is simple and relevant.

0
15.10.2021
Diego-Lara Автор вопроса

Ren is still an erc20 though. If we're transitioning to a L1, that implies converting REN token into our own native token as well as all of the future projects building on ren.

0
15.10.2021
chicobermuda-
Diego Lara
Ren is still an erc20 though. If we're transitioni...

Markus is right. REN is only the Darknode bond. You can still use SOL in Catalog eg and pay for gas with that SOL.

0
15.10.2021

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