From December 9th, we officially list Phantasma Token (SOUL) on the ONUS application. Soon after SOUL is added, users can perform the following features:
- Off-chain transactions: Send and receive SOUL with other users in the ONUS network.
- Exchange: Swap from VNDC or USDT to SOUL and vice versa.
About Phantasma Chain
Phantasma Chain is a blockchain solution that is designed to provide interoperability with other blockchains while maintaining a decentralized governance system. With an innovative staking mechanism and dual token system, it allows for users to access different digital goods and services in the areas of communication, entertainment, marketplace and storage.
The development team stated that Phantasma Chain is a fast, secure, and scalable blockchain platform that provides many useful features. Phantasma Chain provides a full suite of tools and features to enable the future of content distribution and incentivize users to build and create content on dApps.
What is SOUL Token?
Phantasma Token (SOUL) is a token operating in the Phantasma ecosystem and can be used for the following purposes:
- Users stake SOUL to become Block Producer, gain the right to confirm transaction and receive rewards.
- Users stake SOUL to become Soul Master, process transaction and receive rewards.
- Users stake SOUL to vote for Block Producer activities.
- Pay for issuing decentralized applications on Phantasma Chain.
- Gain access to games and dApps on Phantasma Chain.
- Name: Phantasma Token
- Symbol: SOUL
- Platform: Phantasma
- Type: Governance
- Total Supply: 103,033,489 SOUL