Cryptocurrency Q&A What is sln in crypto?

What is sln in crypto?

Margherita Margherita Mon Oct 28 2024 | 6 answers 971
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? What is sln in crypto?

6 answers

GinsengBoostPower GinsengBoostPower Wed Oct 30 2024
There are two types of nodes on the Smart Layer platform: service nodes and anchoring nodes.

Was this helpful?

356
91
Sara Sara Wed Oct 30 2024
Both service nodes and anchoring nodes are rewarded with SLN tokens for their work on the platform.

Was this helpful?

130
43
GwanghwamunPride GwanghwamunPride Wed Oct 30 2024
Smart Layer Token (SLN) is the native cryptocurrency of the Smart Layer platform.

Was this helpful?

233
66
henry_rose_scientist henry_rose_scientist Wed Oct 30 2024
SLN tokens are also used to pay for access to Smart Layer services provided to external apps.

Was this helpful?

50
55
Daniele Daniele Wed Oct 30 2024
These services include various functionalities and utilities that enhance the capabilities of external applications.

Was this helpful?

123
27
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts