What are the different types of SEEDS tokens?
- SEEDS SEEDS
SEEDS uses more than one token. What are they and what are they used for?
Currently SEEDS uses 2 types of "Tokens". One is called "Trust tokens" and the other is "Seeds".
Trust Tokens are spent when you express your trust or distrust of a proposal. This is how Citizens of SEEDS vote on governance topics. Trust tokens are earned through contributing to the overall success of SEEDS.
Seeds are the medium of exchange and utility token within SEEDS. "Planting Seeds" - the same concept as staking - is required to access bandwidth and features within the SEEDS ecosystem. Using Seeds for your day-to-day payments is a simple and "better than free" way of earning rewards and participating in SEEDS.