Is there a native token for use on the Casper Network?
Yes, the Casper Network has a native token called CSPR.
CSPR is an Ethereum-based ERC-20 token that serves as the network’s primary currency and is used to pay for transaction fees, rewards, and other network services. It is also used to incentivize validators to secure the network and provide liquidity for staking pools. The total supply of CSPR is fixed at 1 billion tokens, with 50% of the tokens allocated to the Casper Foundation and 50% allocated to validators and users.
The Casper Foundation will use its portion of tokens to fund development, marketing, and other initiatives that support the growth of the network.
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