Protocol Level Utilities
Gas Fees: $SEED tokens are used to pay gas fees for transactions processed on the JayX network. These fees are compensated to nodes for validating transactions and maintaining the blockchain's integrity.
Validator Rewards: $SEED tokens are awarded to validators as part of the consensus mechanism rewards. This incentivizes validators to act honestly and efficiently while securing the network.
Staking for Operating Nodes: Holders of $SEED tokens can stake their tokens to operate nodes. Staking tokens help ensure the security and operability of the network, and stakers receive rewards proportionate to their stake.
Cross-Chain Messaging and Value Transfers: $SEED tokens facilitate cross-chain interactions, allowing for seamless messaging and value transfers across different blockchain platforms. This utility supports the JayX chain's interoperability with other chains, enhancing its ecosystem connectivity.
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