Nədir Flow (FLOW)?

$FLOW is the native token of the Flow network and has the following use cases:

• Payment for network services: All activities will be required to pay a transaction fee in $FLOW tokens, this includes creating new user accounts, storing assets, and interacting with smart contracts.
• Deposit for data storage: $FLOW tokens are required to reserve on-chain storage capacity. An account with a higher $FLOW balance would have access to more storage capacity, which some developers or applications may require.
• Validator nodes: Token holders can stake their $FLOW tokens and run validator nodes, which helps to secure the network in return for $FLOW token rewards. Alternatively, users may also delegate their tokens to third-party operators that help to run validator nodes on their behalf.
• Collateral for secondary tokens: Key service protocols are incentivized to “infuse” their tokens through a bonding curve mechanism with the native $FLOW token. The key benefits of infused tokens include improved liquidity, reduced volatility, collateral-backed by $FLOW tokens, and participation in Flow governance via secondary tokens.
• Governance: Token holders can participate in on-chain voting as a signaling mechanism.