What is $CTK ❓
Shentu Chain is a Delegated Proof-of-Stake (DPoS) blockchain built with the Cosmos SDK. It aims to act as the basis where blockchain infrastructure and decentralized applications can be built securely.
With native in-chain features including Security Oracle, ShentuShield Reimbursement Pool, and a secure programming language (DeepSEA), Shentu is built to ensure the security of different types of blockchain products from development to post-deployment.
The CTK token is the native utility token of the platform and is used in the following use cases:
- Gas consumption for smart contract operations;
- Staking for network consensus;
- Rewards for participating in the Security Oracle network;
- Collateral and reimbursements for ShentuShield;
- Community voting for decentralized network governance.