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Cryptocurrencies: 23380
Exchanges: 117
Market Cap: $$3.24T
24h Vol: $66.78B
Dominance: BTC: 64.9% ETH: 9.5%
ETH Gas: 29 Gwei
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Interlay is a decentralized network dedicated to connecting cryptocurrencies like Bitcoin with DeFi platforms like Polkadot and Ethereum. The Interlay network is hosted as a Polkadot parachain and will be connected to Cosmos, Ethereum, and other major DeFi networks.
The main uses of INTR tokens are:
Governance - INTR holders vote on governance proposals.
Mortgage - In order to participate in governance, holders stake INTR and receive INTR stake rewards in return.
Practicality - nterlay will support transaction fee payments in INTR.
Outlook - INTR will be tightly integrated with the bridge to provide additional security and product benefits to token holders.