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Tokens

CUDOS are the Native, Utility token underpinning the Cudos Network.

The L1 Cudos Network uses CUDOS tokens to govern and secure the network. CUDOS incentivise participants and provide a mechanism to store and exchange value.

The L2 Cudo Compute platform (Q1 2023) will use CUDOS tokens to power the buying and selling of compute capacity on the network.

CUDOS ERC-20 Contract Address

The ERC20 token contract address is: 0x817bbdbc3e8a1204f3691d14bb44992841e3db35

Supply

The CUDOS token is a capped supply token. The circulating supply is approximately 2.8 billion and the total cap is fixed at 10 billion.

Token utility

The CUDOS token can be used to pay transaction fees, staking and delegation on the Cudos network.

Rewards

CUDOS tokens power the Proof-of-Stake consensus on the Cudos Network.

Validators and Delegators stake CUDOS onto the network to secure it and earn staking rewards.

Validator Stake

To be a validator, requires 2,000,000 CUDOS tokens.