Mango Network

The MGO token is the native utility asset within the Mango Network ecosystem. It supports core protocol functions and aligns incentives among stakeholders.

Gas payments: Used to pay for transaction execution and smart contract interactions on Mango.
Staking and security: Validators and delegators lock MGO to secure the protocol and help validate execution, with penalties for misbehavior.
Governance: Token holders can vote on protocol parameters, network upgrades, and treasury allocations.
Ecosystem incentives: MGO rewards are allocated to contributors, developers, and community participants to stimulate network growth.
Cross-VM coordination: MGO facilitates communication between MoveVM and EVM environments within Mango and supports cross-chain operations under the omnichain logic.

Mango Network uses a Tendermint-style consensus augmented with performance optimisations. Blocks are proposed and agreed through a Byzantine Fault Tolerant (BFT) mechanism adapted for high throughput and fast finality. The network is designed to scale horizontally through modular layers: a base MoveVM execution layer, paired with layers or modules that support EVM compatibility and cross-VM logic. This structure allows internal parallel execution lanes while preserving consistency and state synchronization across VM boundaries.

The chain also supports minting and burning of coins via a controlled TreasuryCap mechanism, subject to permissioned protocols within Mango’s coin module. Custom tokens may integrate regulatory features such as DenyList access for compliance.