Gas (GAS)

    The NEO blockchain protocol’s native cryptocurrencies are GAS and NEO. NEO serves as the primary transaction currency and allows holders to vote on network proposals. Staking NEO can also earn users GAS. GAS is also used to pay network usage fees such as transaction fees, storage fees, and fees associated with smart contract execution. NEO coins were all minted at the protocol’s inception, and GAS coins are minted with each new block.