DOCK is the native token of our blockchain network and its used to transact, incentivize, and vote in its ecosystem for Decentra
15 Feb 2023, 20:09
DOCK is the native token of our blockchain network and its used to transact, incentivize, and vote in its ecosystem for Decentralized Identity
The utilities of the DOCK token can be divided into 3 main categories:
1️⃣Network Operations
2️⃣Governance
3️⃣Staking & Validating
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Same news in other sources
216 Feb 2023, 16:13
Staking keeps the Dock network secure and decentralized. When you stake $DOCK, you can receive rewards of up to 11.5% APR.
1 of 2
Staking keeps the Dock network secure and decentralized. When you stake $DOCK, you can receive rewards of up to 11. 5% APR.
Staking keeps the Dock network secure and decentralized. When you stake $DOCK, you can receive rewards of up to 11.5% APR.
https://t.co/bw1UrD4lmd 1 of 2 https://t.co/YQmJnzOtYx
15 Feb 2023, 20:10
DOCK is the native token of our blockchain network, and it’s used to transact, incentivize, and vote in its ecosystem for Decentralized Identity.
The utilities of the DOCK token can be divided into 3 main categories:
1️⃣Network Operations
2️⃣Governance
3️⃣Staking & Validating
Network Operations: DOCK tokens are required to process operations on the Dock network. This includes creating decentralized identifiers (DID), revoking and anchoring credentials, and creating schemas to structure credentials.
Governance: Token holders are able to submit proposals about any aspect of the network, or vote on the proposal of others. This ensures that the network is not controlled by any single entity. There is an ongoing proposal:
As more organizations adopt Dock and start to see the benefits of secure and decentralized data management, the demand for the Dock token is likely to increase as every interaction with the Dock Blockchain requires $DOCK tokens.
Staking and Validating: Finally, DOCK is used for rewarding validators and stakers. Current staking rewards are in the region of 11.5% APR.
DOCK is the native token of our blockchain network, and it's used to transact, incentivize, and vote in its ecosystem for Decent
DOCK is the native token of our blockchain network, and it’s used to transact, incentivize, and vote in its ecosystem for Decentralized Identity.
The utilities of the DOCK token can be divided into 3 main categories:
1️⃣Network Operations
2️⃣Governance
3️⃣Staking & Validating
Network Operations: DOCK tokens are required to process operations on the Dock network. This includes creating decentralized identifiers (DID), revoking and anchoring credentials, and creating schemas to structure credentials.
Governance: Token holders are able to submit proposals about any aspect of the network, or vote on the proposal of others. This ensures that the network is not controlled by any single entity. There is an ongoing proposal:
https://fe.dock.io/#/democracy
As more organizations adopt Dock and start to see the benefits of secure and decentralized data management, the demand for the Dock token is likely to increase as every interaction with the Dock Blockchain requires $DOCK tokens.
Staking and Validating: Finally, DOCK is used for rewarding validators and stakers. Current staking rewards are in the region of 11.5% APR.
https://docs.dock.io/staking