$NOVAS TOKEN

$NOVAS is the cornerstone of the Novastro Layer 2 network, designed to fuel the ecosystem and enhance its functionality at every level. Serving as the primary utility token, $NOVAS enables smooth operations across the platform while ensuring scalability, efficiency, and robust transaction throughput.

It empowers token holders with active roles in decentralized governance, staking, and liquidity provision, creating a dynamic and engaged community. $NOVAS also plays a crucial part in tokenized Real World Asset (RWA) management, protocol fees, and integrating cutting-edge technologies like Digital Twin Containers (DTC).

Here’s how $NOVAS drives the Novastro ecosystem:

• Native Gas Token: $NOVAS will be used to pay for transaction fees on the Novastro Layer 2 network, ensuring seamless and cost-effective operations while supporting scalability and high transaction throughput.

• Governance: $NOVAS token holders will have the power to participate in Novastro’s decentralized governance, including decisions on network upgrades, parameter adjustments, and ecosystem funding.

• Staking: $NOVAS will power the staking mechanism for securing the Novastro network, where token holders can stake their tokens to contribute to network security and earn staking rewards.

• Liquidity Provision: $NOVAS can be utilized in liquidity pools across the Novastro ecosystem, providing active users with opportunities to contribute to liquidity and earn additional rewards and benefits.

• Protocol Fees: All fees across Novastro’s ecosystem, including those for tokenized RWA transactions and RUSD interactions, can be paid in $NOVAS, further driving demand and enhancing utility.

• Digital Twin Integration: $NOVAS will serve as the core token for operating Digital Twin Containers (DTC), facilitating real-time RWA tokenization and lifecycle management, ensuring compliance and transparency.