What is the utility of the SOSHI token?
Soshi has 5 primary token utilities:
- Governance: By locking your SOSHI, you get a say in the decisions that shape the protocol.
- Access / Feature Unlock: There are 11 value creation mechanisms in Soshi, ranging from Content Downloads to Group NFT minting.
- Medium of Exchange: Used to pay network gas or internal protocol fees.
- Staking (Consensus): Node validators will validate the Soshi Layer-1 blockchain, runing of PoS.
- Medium of Payment: Each utility has a fixed USD price that converts to SOSHI at current market rates.