GPUBase Network Docs
  • Overview
  • Introduction
    • What is GPUBase Network
    • Vision and Mission
  • How It Works
    • User and Provider Interaction
    • Smart Contract Mechanisms
    • Payment and Transaction Flow
  • Platform Architecture
    • Decentralized Infrastructure
    • Key Components of the System
    • Workflow Overview
  • The GPUBase Token
    • Tokenomics
    • Total Supply and Distribution
    • Buy-Sell Tax
    • Utility of the Token
    • Economic Model
  • Provider App Guide
    • How to Set Up and Connect GPUs
    • Managing Resources and Availability
    • Monitoring and Revenue Tracking
  • Staking and Rewards
    • How to Stake Tokens
    • Reward Mechanism and Distribution
    • Benefits for Token Holders
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  1. The GPUBase Token

Utility of the Token

The GPUBase Network token is more than just a medium of exchange; it plays a crucial role in the overall ecosystem:

  • Payment for GPU Resources: Users can use the token to pay for GPU services on the platform, creating a seamless and efficient payment process.

  • Staking and Rewards: Token holders can stake their tokens to earn rewards, encouraging long-term engagement and contributing to network stability.

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Last updated 6 months ago