I'm curious about a term I encountered in the cryptocurrency world: SLN. Could someone explain what SLN stands for and its role in the crypto sphere?
6 answers
GinsengBoostPower
Wed Oct 30 2024
There are two types of nodes on the Smart Layer platform: service nodes and anchoring nodes.
Sara
Wed Oct 30 2024
Both service nodes and anchoring nodes are rewarded with SLN tokens for their work on the platform.
GwanghwamunPride
Wed Oct 30 2024
Smart Layer Token (SLN) is the native cryptocurrency of the Smart Layer platform.
henry_rose_scientist
Wed Oct 30 2024
SLN tokens are also used to pay for access to Smart Layer services provided to external apps.
Daniele
Wed Oct 30 2024
These services include various functionalities and utilities that enhance the capabilities of external applications.