Which one, ONT or ONG, is better? How does the dual-token model of ONT and ONG compare to Ethereum's single-token model? In this article, we will analyze the differences between the two models.The dual-token model of ONT and ONG offers several advantages over Ethereum's single-token model. First, it lowers transaction fees, as users can use the Ontology Gas (ONG) token for transactions instead of ETH. This means that even when ETH prices rise, users won't have to pay higher transaction fees.Second,质押ONT的节点会得到更多的收益。With the dual-token model, ONG tokens are used for transactions and re-entered into the distribution pool, which is then distributed to staking nodes. This means that staking ONT nodes will receive ONG dividends and benefit from increased rewards as transaction volumes increase.Third, the Ontology ecosystem's growth positively impacts governance value. The dual-token model allows for a feedback loop between the Ontology ecosystem's growth and the value of its governance token, ONT. As the ecosystem grows and ONG transactions increase, staking nodes will receive more dividends.Lastly, holding ONT provides ongoing benefits. The ONG tokens are distributed continuously to all holders of ONT. Even if you hold 10000 ONT, you can earn 4.3 ONG daily in dividends. This means that as long as you hold ONT, you will receive continuous rewards, making it a valuable investment.Overall, the dual-token model of ONT and ONG offers significant advantages over Ethereum's single-token model. It provides lower transaction fees, increased staking rewards, positive feedback loops between ecosystem growth and governance value, and ongoing benefits for holders. This makes ONT and ONG an attractive choice for investors and users alike.
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ONT and ONG, the two tokens of the Ontology Network, are a dual-token model. ONT is the governance token used for participation in governance and node质押, while ONG is the fuel token, similar to NEO's GAS, used as transaction fees on the Ontology network.The main advantage of the dual-token model over Ethereum's single-token model is lower transaction fees. With ONG tokens being used for transactions instead of ETH, users won't have to pay higher transaction fees even when ETH prices rise.Another advantage is the increased staking rewards for ONT nodes. In Ethereum's single-token model, ETH value is only its usage value, and transaction fees are converted into miners' income without benefiting developers and users. In contrast, with ONG tokens being used for transactions and re-entered into the distribution pool to be distributed to staking nodes, staking ONT nodes will receive ONG dividends and benefit from increased rewards as transaction volumes increase.The dual-token model also offers a positive feedback loop between the Ontology ecosystem's growth and governance value. The value of ONT is not affected by inflation mechanisms like in Ethereum's single-token model, and it won't be diluted. This leads to a more stable and sustainable governance system.Holding ONT provides ongoing benefits due to continuous distribution of ONG tokens. Even if you hold 10000 ONT, you can earn 4.3 ONG daily in dividends. This means that as long as you hold ONT, you will receive continuous rewards, making it a valuable investment.Overall, the dual-token model of ONT and ONG offers significant advantages over Ethereum's single-token model. It provides lower transaction fees, increased staking rewards, positive feedback loops between ecosystem growth and governance value, and ongoing benefits for holders. This makes ONT and ONG an attractive choice for investors and users alike.
2024-12-04 00:10
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2024-12-29 21:09
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