GR1D Tokenomics

The GR1D Network utilizes two tokens, $GRID and xGRID, to empower stakeholders and allow them to capture the value they create through immutable digital ownership. As the network scales and transaction volumes increase, token holders will benefit from rising demand and access a wide range of utilities offered by ecosystem participants, including developers and publishers of assets, intellectual property, applications, and services.

$GRID

The $GRID token is essential to the GR1D Network, fueling transactions and empowering users. It grants holders governance rights and the ability to earn rewards through staking. $GRID also acts as a currency, facilitating payments for application, games and digital assets. Its cross-chain functionality enables seamless interoperability among multi-chain applications. Ultimately, all network activity strengthens the GRID token, driving value and solidifying its role as the foundation of the GR1D ecosystem. It will be fully transferable and tradable on both centralized (CEX) and decentralized (DEX) exchanges.

xGRID

xGRID functions as a non-transferable asset that is minted to stakers, node operators, and network participants for performing key actions that drive network value creation.