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How many currencies are included in solana?

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Release: 2024-04-30 12:35:18
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The Solana ecosystem consists of multiple currencies, including: SOL: native token used to pay for transaction fees, staking, and governance. SPL token: fungible tokens, including native tokens (such as SRM, FTT) and cross-chain assets (such as wBTC, wETH). NFT: Non-fungible token that represents ownership of a digital asset. Other tokens: Tokens based on Solana but not under the SPL standard, such as Serum and governance tokens.

How many currencies are included in solana?

The Solana ecosystem consists of the following currencies:

#SOL

  • Solana’s native token.
  • Used to pay transaction fees, staking and governance.

SPL Token

  • Fungible token (ERC-20 equivalent) built on the Solana blockchain.
  • Includes native SPL tokens (such as SRM, FTT) and cross-chain assets (such as wBTC, wETH).

NFT

  • A unique and non-fungible token that represents ownership of a digital asset.
  • NFTs on Solana are stored on-chain, providing security and immutability.

Other tokens

  • Independent tokens: Tokens based on the Solana blockchain but not under the SPL standard (like Serum).
  • Governance Tokens: Tokens (such as $GMT) that grant holders the right to vote on a specific project or protocol.

The Solana ecosystem is constantly developing and it is expected that more types of currencies will appear in the future.

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