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Native Asset

asset type

Core Protocol Token ÔÇö Native Asset

A native asset is the foundational token built directly into a blockchainÔÇÖs protocol. It is not created through a smart contract but is issued by the network itself at the base layer. Native assets are used to pay transaction (gas) fees, participate in network consensus, and often serve as the primary medium for staking, validation, or governance. They represent the most fundamental form of value on a given blockchain.

Use Case: “Native assets are required to use a blockchainÔÇÖs core functions, such as sending transactions, deploying smart contracts, and securing the network.”

Key Concepts: Base Layer Token, Protocol-Level Asset, Gas Fees, Staking, Validator Rewards

 

Examples of Native Assets:

  • $BTC ÔÇö Native asset of the Bitcoin blockchain
  • $ETH ÔÇö Native token of the Ethereum network
  • $FLR ÔÇö Native asset of the Flare network, used for staking and fees
  • $XRP ÔÇö Native token of the XRP Ledger, required for transactions and wallet activation
  • $ADA ÔÇö Protocol token for Cardano, used in PoS staking and governance
  • $HBAR ÔÇö HederaÔÇÖs native token used for payments and network services
 
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