I'm curious about the application of chr crypto. Could someone explain what it's primarily used for?
5 answers
Stefano
Wed Oct 30 2024
CHR serves as a platform or network token on the blockchain.
Federica
Tue Oct 29 2024
It is accepted as payment for gas and fees associated with decentralized applications launched on the blockchain platform.
Silvia
Tue Oct 29 2024
These dApps utilize CHR to facilitate transactions and operations within their ecosystem.
Dario
Tue Oct 29 2024
Additionally, CHR functions as the reserve currency for various dApps.
LitecoinLodestar
Tue Oct 29 2024
As a reserve currency, CHR can be pegged to the specific token of the application, providing stability and value.