Cryptos: 9 180
Exchanges: 4
Market capitalization: $3.57T
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Solar
SXP

About Solar

Solar is a decentralized and energy-efficient blockchain network that uses delegated proof-of-stake (DPoS) consensus. Unlike traditional blockchains, Solar operates with a sustainable, efficient, and fully decentralized system powered by Solar Core. It avoids issues found in Proof of Work (PoW) blockchains, such as high energy consumption and centralization risks. The SXP token is the native utility token of the Solar blockchain. Users can stake SXP to secure the network, earn rewards, pay transaction fees, and participate in governance by proposing and voting on protocol changes. They can also earn rewards by providing liquidity. Solar decentralized applications (DApps) use SXP as their main currency.

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