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Token Economics
01_
Token Utiility
Confidential computing resources
CPU time, on-chain storage, network bandwidth, off-chain storage, and more resources
Native token for confidential contracts
Phala provides a wide-ranged infrastructure including cross-chain confidential widgets, and trustless general-purpose computing platform. All these features are accessible with PHA
Security guarantee
To be a Gatekeeper one must stake a certain amount of PHA. The stake would be fined and took if he betrayed Gatekeeper rules.
Governance
Stakeholders who owns a certain amount of PHA would be able to join Phala DAO to further participate in community governance.
Other payments
Settlements for other services or products such as Web3 Analytics, crosschain bridges for permissionless chains.
02_
Distribution
70% of PHA is distributed to TEE miners
03_
Mining
Any TEE device can be registered as a
Phala miner
Rewards decay by 25% every 6 months
20% treasury endowment
04_
How to
get PHA?
Contribute your
TEE computing power
- Intel SGX-enabled computer
- A certain amount of PHA staking
- Public IP or join a Phala mining pool
Become a
Gatekeeper
- Intel SGX-enabled computer
- High quality network and high available power supply
Become a
Nominator
- Hold PHA
Support Phala Network
to become a parachain with your DOT or KSM
Trade on markets
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PHA
01
Token Utiility
02
Distribution
03
Mining
04
How to get PHA?