Theta Fuel

Theta Fuel (TFUEL)

Theta Fuel is the operational token of the Theta protocol, designed to facilitate various on-chain operations within the Theta ecosystem. As a crucial component of this decentralized video delivery network, TFUEL serves multiple purposes, including payments to relayers who share and distribute video streams, as well as for deploying and interacting with smart contracts.

Key Features

At its core, Theta Fuel functions similarly to the "gas" used in other blockchain networks, enabling seamless transactions and interactions. Relayers earn TFUEL for each video stream they relay to users on the network, incentivizing high-quality content delivery and robust network participation.

TFUEL was officially launched as a native token on the Theta blockchain on March 15th, marking a significant milestone in the evolution of the Theta ecosystem. Its role in the network is essential for maintaining the efficiency and performance of decentralized applications (dApps) built on Theta.

Categories

• Smart Contract Platform
• DePIN (Decentralized Physical Infrastructure Network)
• Theta Ecosystem
• Proof of Stake (PoS)

With its unique focus on video streaming and decentralized content delivery, Theta Fuel is poised to play a vital role in the future of digital media and entertainment, making it an essential token for users and developers alike.