- Theta Fuel (TFUEL) is the operational token (i.e., "gas") of the Theta protocol. It is used to complete transactions, such as deploying or interacting with smart contracts. If, for example, a relay node provides another party with a video stream it may earn TFUEL, which can subsequently be spent on the video platform for premium content, subscriptions, etc.
- According to the Theta team, the average transaction fee could be as low as 10-6 TFUEL. The supply of TFUEL token is set at a protocol level and is initially targeted to have an annual inflation of 5%.
- Next to relayers, Validator and Guardian nodes may also earn TFUEL as block rewards. The new TFUEL are subsequently distributed on a stake-weighted basis. For instance, if a node stakes 5MM out of a total 500MM staked THETA, it will earn 1% of the new TFUEL generated each block.
Ranking 87 TFUEL Price $0.09716 Price Change 24h $0.005862 24h Low / 24h High $0.08670 / $0.1044 24 Hour Trading Vol $34,934,669.59 Market Cap $508,753,377.65 Max Supply 5,250,368,000 Circulating Supply 5,250,368,000 TFUEL Price History 7d Low / 7d High$0.05798 / $0.1095 30d Low / 30d High$0.02678 / $0.1145 90d Low / 90d High$0.009080 / $0.1145 52 Week Low / 52 Week High$0.0008897 / $0.1145 All Time High $0.1145 Website https://www.thetatoken.org/ About TFUEL Technical Analysis TFUEL/USDT