Crust Tokens
The CRU is the main token of Crust Network. Apart from CRUs, Crust Network also has CSMs (Crust Storage Market) and the event reward token Candy. All these tokens are stored in Crust accounts. You can find the account information in Crust Apps.
CRU
The CRU is the most important type of token in Crust Network. It has the following major functions:
- Staking to maintain the GPoS consensus of the Crust network
- Used to guarantee the selected nodes
- Serving as guarantee deposit for providing resourse service
- Serving as a transaction fee for using the network
- Used to purchase resource services
- Used for election and voting of on-chain governance mechanism, and vote on proposals
CSM
CSM token is Crust Shadow's original token.The total initail amount of CSM is 200 million, it will be allocated to community. CSM can be used in the following aspects:
- Staking to maintain the coming GPoS consensus of the Crust Shadow
- Used to guarantee the Crust Shadow nodes
- Serving as guarantee deposit for providing recourse service
- Serving as a transaction fee for using the Crust Shadow
- Used to purchase resource service
- Used to participate in Maxwell's storage market related activities
- Used for election and voting of on-chain governance mechanism, and vote on proposals
- Users can use it to obtain discounts related to Maxwell's or Crust Shadow's storage market rates
- Used for privacy encryption of data, exchange and trading of data assets, and censorship governance of data content
- Can be used to exchange CRU in Maxwell's market revenue pool in the further
Candy
The Candy is often distributed in the form of Crust community event rewards. After the Crust mainnet is launched, Candy can be exchanged for CRUs at an exchange rate of 1000:1.