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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