Do you know why some platforms have native tokens while others use third-party ones?
The truth is, having a token isn't a requirement for a platform to succeed. Take Robinhood Chain, for instance, built on Ethereum. Despite being a robust decentralized finance protocol, Robinhood Chain relies on ether, the native cryptocurrency of Ethereum, and has no native token of its own. So, where does this leave CASHCAT, the alleged Robinhood Chain token that's been circulating online? Don't be fooled by the scams – CASHCAT is a misrepresentation with no connection to Robinhood Chain.
#Ethereum #DecentralizedFinance #NativeToken