Tokens

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The ANKR Token

The denomination used for staking, governance and gas consumption on the EVM is the ANKR. The ANKR provides the utility of: securing the Proof-of-Stake chain, token used for governance proposals, distribution of fees to validator and users, and as a mean of gas for running smart contracts on the EVM.

Neura uses Atto ANKR as the base denomination to maintain parity with Ethereum. There are three types of assets:

  • The native ANKR token

  • IBC Coins (via the IBC)

  • Ethereum-typed tokens, e.g. ERC-20

1 ankr = 10<sup>18</sup> atankr

This matches Ethereum denomination of:

1 ETH = 10<sup>18</sup> wei

Cosmos Coins

Accounts can own Cosmos coins in their balance, which are used for operations with other Cosmos and transactions. Examples of these are using the coins for staking, IBC transfers, governance deposits and EVM.

EVM Tokens

ANKR is compatible with ERC20 tokens and other non-fungible token standards (EIP721, EIP1155) that are natively supported by the EVM.

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