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What does fuel币 mean (How is this coin used)?

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What does fuel币 mean? Fuel币 means fuel coin. Fuel is a token that can be exchan

What does fuel币 mean (How is this coin used)?

What does fuel币 mean? Fuel币 means fuel coin.

Fuel is a token that can be exchanged for other tokens. When users pay a certain amount of gas to the system, it automatically converts into the corresponding token’s price. This means that if users use different tokenomics, they can receive corresponding rewards in transactions. For example, if you use ETH or USDT, you can also use this token for exchange. As for the issue of high gas prices, it can be seen as a speculative investment product. Therefore, Fuel is a good medium of exchange and a storage of value, but it cannot be considered as a form of currency like other tokens. (Mars Finance)

How is this fuel coin?

According to Huobi’s blockchain market, the current price of Fuel token is about $1. As of the time of writing, the price of Fuel has reached nearly 40 RMB. From the official introduction, the Armor project is a decentralized financial infrastructure developed using the Substrate framework, which can connect to DeFi protocols and some applications in other public chain ecosystems, including lending, synthetic asset issuance, and liquidity mining. There are already many types of collateralized assets available on the market.

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