The main utility of the ONUS token on ONUS Chain is to secure the network via a Proof-of-Stake-Authority system. Besides preventing centralization, the system is also environmentally friendly.
ONUS can be used to pay for goods and services, settle transaction fees on ONUS Chain, participate in exclusive token sales, vote on ONUS decisions, and more.
As a fully permissionless and leaderless decentralized ecosystem, any decision regarding the network is carried out by on-chain governance. ONUS is the governance token required to participate in the voting process.
ONUS is used for transaction fees and costs associated with the deployment of smart contracts or the creation of new networks. On ONUS Chain, fees are inexpensive, but sufficient to make it extremely expensive for malicious attacks to be carried out.