Dual Token Model

The Dual-token Model refers to Tokenomics, which aims to improve utility and build a stable ecosystem by issuing two tokens with different characteristics in the ecosystem, such as [governance token + utility token] or [native token + Gas fee token]. Several projects, including STEPN and Axie Infinity, are operating based on dual token model.

Project
Token Category(Symbol)
Network
Max Supply

STEPN

  • Governance(GMT)

  • Utility(GST)

  • GMT: Solana

  • GST: Ethereum, BNB Chain, Solana

  • GMT: 6,000,000,000

  • GST: infinite issues

Axie Infinity

  • Governance(AXS)

  • Utility(SLP)

  • AXS: Ethereum

  • SLP: Ronin

  • AXS: 270,000,000

  • SLP: infinite issues

Hooked Protocol

  • Governance(HOOK)

  • Utility(HGT)

  • HOOk: BNB Chain

  • HGT: BNB Chain

  • HOOK: 500,000,000

  • HGT: infinite issues

VeChain

  • Native(VET)

  • Gas Fee(VTHO)

  • VET: Vechain

  • VTHO: Vechain

  • VET: 86,712,634,466

  • VTHO: infinite issues

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