GASUSDT
Gas/Tether·Spot·BINANCE
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Key Stats
0.00000DAY`S RANGE0.00000
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About GAS
Smart Contracts
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NeoGas (GAS) is the utility token of the Neo blockchain ecosystem, serving as the fuel for smart contract execution and network operations[searched but limited authoritative documentation found]. GAS is generated automatically by holding NEO tokens and is used to pay for transaction fees and smart contract deployment costs on the Neo network. Unlike NEO which represents ownership in the Neo network, GAS functions as the operational currency that powers all network activities. Users can obtain GAS by holding NEO tokens in their wallets, as GAS is distributed to NEO holders as a dividend. The token plays a crucial role in the Neo economy by incentivizing network participation and ensuring sustainable network operations through its fee mechanism.
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