Token Utility

  • Pay for protocol fees and developer fees by the dApp deploying user
  • Pay for the validator fees by the blockchain or subnet deploying user
  • Pay for blockchain or Subnet annual fees for Forward Factory (like Runcloud)
  • Pay for gas tokens of Forward Chain and subnets (Like Wordpress.com self hosting)
  • Non-reward staking to be part of the Developers’ DAO to earn from approving/declining developer submissions to earn rewards from developer’s income (sourced from the payment by the deploying user to the developer)
  • Non-reward staking by a developer to commit and be able to deploy templates on Forward Factory. On non-compliance to the standards set, the stake may be used for penalizing (like a security deposit)
  • Delegate to a validator
  • And other protocol-level utilities