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Jason Karsh Discusses Stellar Lumens (XLM) Utility and Tokenomics

Jason Karsh Discusses Stellar Lumens (XLM) Utility and Tokenomics

Photo: TokenPost

Jason Karsh's post discussed Stellar Lumens (XLM) utility and tokenomics, and Stellar's official account shared it. On Stellar, XLM covers transaction fees and smart-contract rent. A basic account also needs to maintain a minimum balance of one XLM. Those roles do not establish a one-for-one dollar link between tokenized assets and purchases of XLM; the earlier account of Stellar's reserve and fee rules explains the distinction.

Source: TokenPost

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