🔺Ruby Coin
Function of RUBY Cryptocurrency in Ruby Chain
As the designated cryptocurrency within the Ruby Chain ecosystem, RUBY offers various functions that bring advantages and benefits to its holders:
As an Investment Asset: Ruby Coin serves as a promising investment instrument. Similar to other cryptocurrencies, the value of RUBY can experience fluctuations, providing holders with opportunities for substantial gains over the medium to long term.
Staking: The primary function of RUBY is for staking. Holders can engage in staking by committing a certain amount of RUBY to trustworthy validators. Through staking, holders not only contribute to the security of the Ruby Chain network but also earn passive income as a reward for their contributions.
Native Ruby Chain: RUBY is more than just a regular token; it is the native cryptocurrency within the Ruby Chain ecosystem. Serving as the native currency, RUBY plays a central role in various transactions and activities within the platform, including the payment of transaction fees and participation in governance activities.
On-Chain Transaction Tool: RUBY functions as a direct transaction tool within the Ruby Chain ecosystem. By owning RUBY, users can conduct transactions, pay transaction fees, and participate in various on-chain economic activities within the platform.
Details About RUBY Coin:
Coin Name: Ruby Coin
Network: ERC20 & Ruby Network
Supply: 100,000,000
Decimal: 18
Symbol: RUBY
With these features, RUBY becomes not only a means of payment but also a key player in supporting network security, providing investment opportunities, and participating in economic activities within the Ruby Chain ecosystem.
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