⛓️NC ➝ Staava Protocol
NC ➝ Native Coin
Staava Protocol ($STAV) is the utility, native-coin and governance asset that facilitates interactions on the Staava EVM Chain. It incentivizes the protocol by creating a secondary level-scarcity for SEC20 tokens via a Burn-Lock Function (BLf) within the chain. STAV is the Gas for every on-chain activities.
$STAV coins are generated or minted through the following services:
#1. BLOCK VALIDATION Block validation services are elastic features for validators and delegators on the SE-CHAIN. $STAV is paid as reward to validators and delegators.
#2. SCARCITY CREATION $STAV can be minted by anyone who creates Scarcity with and for VsT (Verified Scarcity Tokens) at defined entries.
Last updated