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