$ONG ONG USDT refers to the trading pair of Ontology Gas (ONG) against Tether (USDT), a dollar-pegged stablecoin. This pair is one of the ways to trade Ontology Gas, the utility token used for transactions and smart contract execution on the Ontology blockchain, on cryptocurrency exchanges. The presence of this pair facilitates the buying and selling of ONG, providing liquidity and enabling price discovery for the token
Ontology Token (ONT): The primary token, used for governance, staking to secure the network, and participating in consensus. Staking ONT generates ONG as a reward.
Ontology Gas (ONG): The utility token that fuels the network. It's used to pay transaction fees, execute smart contracts, and access other services on the Ontology blockchain, similar to how Ether (ETH) pays for gas on the Ethereum network. The supply of ONG is capped and gradually released over time.#CryptoSectorsFallSecondDay #CLARITYActRevisionToRuleNonDeFiControllers
Ontology Token (ONT): The primary token, used for governance, staking to secure the network, and participating in consensus. Staking ONT generates ONG as a reward.
Ontology Gas (ONG): The utility token that fuels the network. It's used to pay transaction fees, execute smart contracts, and access other services on the Ontology blockchain, similar to how Ether (ETH) pays for gas on the Ethereum network. The supply of ONG is capped and gradually released over time.#CryptoSectorsFallSecondDay #CLARITYActRevisionToRuleNonDeFiControllers
