Cryptocurrency Q&A
What is the function of the ENS coin?
What is the function of the ENS coin?
Andrea
Sat Oct 26 2024
|
6 answers
865
I'm interested in understanding the function of the ENS coin. Could you please explain its purpose and how it operates within the Ethereum ecosystem?
6 answers
Martino
Mon Oct 28 2024
Holders of ENS tokens can influence decisions related to pricing.
Was this helpful?
108
48
Raffaele
Mon Oct 28 2024
Specifically, they have a say in determining the prices of .eth addresses.
Was this helpful?
131
83
BusanBeautyBloom
Mon Oct 28 2024
ENS serves as the governance token for the Ethereum Name Service.
Was this helpful?
249
89
RiderWhisper
Mon Oct 28 2024
Additionally, ENS tokens are involved in the price oracle.
Was this helpful?
197
25
Isabella
Mon Oct 28 2024
This token plays a crucial role in managing the protocol.
Was this helpful?
51
91
Load 5 more related questions
