$XNL

$XNL is the cornerstone of Novastro, designed to fuel the ecosystem and enhance its functionality at every level. Serving as the primary utility token, $XNL enables smooth operations across the platform while ensuring scalability, efficiency, and robust transaction throughput, and is designed to be used solely as an interoperable utility token thereon.

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

Hereʼs how $XNL drives the Novastro ecosystem:

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

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

• Staking: $XNL will power the staking mechanism for securing the Novastro network. The network relies on a network of nodes to check transactions to maintain network integrity, which would require token holders to stake their tokens to contribute to network maintenance and earn $XNL staking rewards for their contribution.

• Liquidity Provision: $XNL can be utilized as the base pair in liquidity pools across the Novastro ecosystem, providing active users with opportunities to contribute liquidity to support transactions, and earn additional rewards and benefits for their contribution.

• Protocol Fees: $XNL functions as the native platform currency - all fees across Novastroʼs ecosystem, including those for tokenized RWA transactions, can be paid in $XNL, further driving demand and enhancing utility.

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