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$TIA buy some in spot
The TIA token is the native token of the Celestia blockchain, primarily designed to support its modular, data-availability layer for other blockchain systems. Celestia enables developers to create scalable blockchains using “rollups” that bundle transactions together off-chain and post only essential data to the main chain, thus improving speed and efficiency. TIA tokens are integral in this process because they function as a “gas” token, covering fees for these rollup transactions on Celestia’s network.
TIA is also a proof-of-stake (PoS) token, which means holders can stake their TIA to help secure the network, earning rewards while supporting consensus and decentralization. Additionally, staking TIA provides holders with governance rights, allowing them to participate in Celestia’s future decisions.
TIA’s supply has a cap of 1 billion tokens, with an initial inflation rate of 8% in its first year, which gradually decreases to a minimum of 1.5% to control token circulation and encourage staking and active participation. The token recently launched and is listed on several major exchanges, allowing users to purchase, stake, and utilize it in the Celestia ecosystem. Celestia’s partnership with other blockchain projects, like Polygon Labs, highlights its growing role in the broader ecosystem, especially as blockchain projects seek modular and scalable solutions
The TIA token is the native token of the Celestia blockchain, primarily designed to support its modular, data-availability layer for other blockchain systems. Celestia enables developers to create scalable blockchains using “rollups” that bundle transactions together off-chain and post only essential data to the main chain, thus improving speed and efficiency. TIA tokens are integral in this process because they function as a “gas” token, covering fees for these rollup transactions on Celestia’s network.
TIA is also a proof-of-stake (PoS) token, which means holders can stake their TIA to help secure the network, earning rewards while supporting consensus and decentralization. Additionally, staking TIA provides holders with governance rights, allowing them to participate in Celestia’s future decisions.
TIA’s supply has a cap of 1 billion tokens, with an initial inflation rate of 8% in its first year, which gradually decreases to a minimum of 1.5% to control token circulation and encourage staking and active participation. The token recently launched and is listed on several major exchanges, allowing users to purchase, stake, and utilize it in the Celestia ecosystem. Celestia’s partnership with other blockchain projects, like Polygon Labs, highlights its growing role in the broader ecosystem, especially as blockchain projects seek modular and scalable solutions
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