$KMD is the native cryptocurrency of the Komodo platform Komodo is a multi chain blockchain platform that aims to provide blockchain interoperability scalability and security It features an ecosystem that includes tools for decentralized applications privacy features and atomic swaps

Komodo uses a unique consensus mechanism called Delayed Proof-of-Work which enhances the security of its blockchain by anchoring it to Bitcoin's blockchain

The token is used for various purposes within the Komodo ecosystem including staking paying transaction fees and participating in network governance

If you're interested in more details about Komodo or feel free to ask

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