The MDC Peony Token is a built-in native encrypted digital token of the MDC Peony Chain network, which can be used for transactions, settlements, and smart contract performance on the chain. The MDC Peony Token can conveniently characterize and measure digital economic activities on the MDC Peony Chain, and its value is based on two points: firstly, the application on the MDC Peony Chain requires a certain amount of MDC Peony Token as fuel, and secondly, holding the MDC Peony Token can participate in community governance of the MDC Peony Chain. The MDC Peony Pass, as an important link to maintain the operation of the MDC Peony Chain ecosystem, is a guarantee for forming a closed loop of the big ecosystem, carrying the important role of value circulation, purchasing services, obtaining returns, and encouraging interaction. In the future, MDC Peony Token will be widely used in finance and trade, payment and clearing, precise traceability, the Internet of Things, Big data, cloud computing, artificial intelligence and other industries to reconstruct the global value circulation ecosystem.
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