Token Utility

$GRID and xGRID tokens serve distinct and separate roles within the Network. A core distinction is that $GRID is transferable and xGRID is non-transferable.

$GRID Utility

Service Collateral and Deflation: $GRID tokens are purchased and staked by counterparties as collateral to access GR1D’s services. As services are rendered, staked tokens are burned, directly linking token utility to network activity while reducing total supply. Network Fuel: $GRID will be the primary token used for all transactions and network operations, similar to how gas fees function on other blockchains. This ensures smooth and efficient operation of the GR1D ecosystem.

Governance: $GRID holders will have a voice in the future development of GR1D. They can participate in governance proposals, shaping the direction of the network and its features.

Network Currency: $GRID will be widely accepted as payment within the GR1D ecosystem of consumer applications, games and partners.

Cross-Chain Interoperability: $GRID will facilitate seamless asset transfers and communication across different blockchain networks, enabling true interoperability within the Web3 gaming landscape.

Network Liquidity: $GRID solves liquidity fragmentation across various external blockchain protocols connected to the GR1D Network as the universal settlement asset for all transactions.

Staking: Users can stake their $GRID tokens to earn xGRID, a non-transferable asset that provides additional benefits and staking yield. This incentivizes participation and strengthens the network's security.

xGRID Utility

Staking Emissions: xGRID is emitted as the reward for staking $GRID, providing incentives for participants who lock their $GRID tokens to support the network.

Circuit Node Operator Rewards: Node operators are rewarded with xGRID as contributing to network security and decentralizing.

Ecosystem Rewards: Ecosystem participants that generate value within the network through key actions are distributed in xGRID.

Bonuses and Access: Holders of xGRID tokens will receive exclusive access to network services and activations as well as early and bonus offerings from within the GR1D ecosystem.