Network Tokens

STERA is the native token of our Stera Ecosystem

STERA Utility

As decentralized smart contract platforms, STERA require their utility tokens, STERA, to properly operate. Holding these utility tokens serves as the gateway for network participants to access their corresponding network’s vital functions.

STERA is needed to perform the following functions:

Pay transaction fees to access and support network operations

Incentivize collators, the full nodes responsible for maintaining parachains on Solana

Support the gas metering of smart contract execution

Facilitate on-chain governance mechanisms by proposing referenda, voting, electing council members, and more

Power the mechanics needed to create the decentralized node infrastructure on which the networks operate