Theta Fuel (TFUEL): Powers Theta network operations and transactions.
Theta Fuel (TFUEL) is a native token used for network operations, transactions, and incentivizing users sharing bandwidth and computing resources within the Theta ecosystem.
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What is Theta Fuel (TFUEL)?
The Theta protocol features two native digital tokens: the Theta Token (THETA) and Theta Fuel (TFUEL). Theta Fuel serves as the operational token, enabling on-chain activities and protocol governance. Introduced in 2017, Theta Fuel enhances the Theta Ecosystem, a decentralized peer-to-peer network designed to improve video and data delivery at reduced costs compared to traditional methods. What are the main functions of Theta Fuel and how does it operate? As part of the Theta Ecosystem, Theta Fuel facilitates all on-chain transactions, including payments to relayers for sharing video streams, deploying and interacting with smart contracts, and covering fees for NFT and DeFi transactions. It also incentivizes users to share unused computing power and bandwidth by rewarding those who stake ...
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Theta Fuel price live information
As of now, Theta Fuel is trading at 0.03884 USD, with a 24-hour trading volume of approximately 109.88K USD. The TFUEL to USD price is updated in real time. Over the past 24 hours, Theta Fuel has decreased by 2.22%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 268.94M USD. Currently, there are 6 924 420 482 TFUEL in circulation out of a maximum supply of 6 924 437 563 TFUEL.
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