SHT is a general-purpose token that Shine chain applies to Layer 2 scenarios of the global insurance industry. SHT was initially issued based on the Ethereum ERC 20 protocol. In the future, it will combine with more public chains, private chains (insurance and related industries) and application DAPP project parties to create a broader Layer 2 off-chain ecosystem.
Shine Layer 2 (SHT) is an important part of the Shine chain ecology, mainly used for various interactions of Layer 2 off-chain business in the application landing. For example, multi-directional circulation of valuable information and data in insurance anti-fraud applications, consensus-based token incentives for both parties to the transaction (expressed in SHT), and measurement of Shine Layer 2 (SHT) ecological community construction workload and contribution and motivating.