ACU
Acurast Token
$0.1386
14.87%
Acurast Token
ACU
$0.1386
14.87%
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Acurast Token Information
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About Acurast Token
Acurast Token (ACU) is the native utility token of the Acurast network. On Acurast Mainnet, ACU is used to pay transaction fees and interact with the chain, including payments related to deployments and compute activity. ACU also exists on other networks, such as an ERC-20 on Ethereum, and can be moved across supported chains using bridging. The initial supply is 1,000,000,000 ACU and the model includes 5% annual inflation, with issuance allocated across staking-related rewards, the treasury and collator rewards. ACU supports incentives and rewards for network participation, staking and delegation, governance and treasury decisions and cross-chain transfers. Acurast is supported by the Acurast Association and led by co-founders Alessandro De Carli and Pascal Brun.
Acurast Token (ACU) is the native utility token of the Acurast network. On Acurast Mainnet, ACU is the native currency used to pay transaction fees and interact with the chain. ACU also exists on other networks (for example as an ERC-20 token on Ethereum) and can be moved between supported chains using bridging.
The initial supply is 1,000,000,000 ACU. The model includes 5% annual inflation, with new issuance allocated across protocol roles and pools such as staking-related rewards, treasury funding and collator rewards.
- Transaction fees: paying for on-chain transactions and operational fees
- Deployment and compute payments: paying for deployments and compute-related activity on the network
- Incentives and rewards: distributing rewards tied to network participation, including roles involved in providing compute and producing blocks
- Staking and delegation: staking ACU to take part in staking mechanisms and delegating to earn rewards without running infrastructure
- Governance and treasury: taking part in on-chain governance and decisions related to treasury spending
- Cross-chain transfers: transferring ACU across supported networks using available bridges
ACU is associated with the Acurast network, supported by the Acurast Association. Acurast is led by co-founders Alessandro De Carli and Pascal Brun. The Acurast whitepaper credits authors including Christian Killer, Alessandro De Carli, Pascal Brun, Amadeo Victor Charlé, Mike Godenzi and Simon Wehrli.
