福禄寿 UV DAO
福禄寿 UV DAO|Oct 28, 2026 05:04
The GEN token economics have been officially announced, clearly outlining how to stake, where to spend, and where rewards come from. According to the paper, users use GEN to pay for smart contract execution and consensus fees; validators stake GEN to participate in the network, and ordinary holders can delegate staking with a minimum of 42 GEN. Developers also receive a 10% share of the transaction fees generated by their contracts, as well as additional incentives linked to usage. My primary concern is whether this mechanism can generate real-world use: only when someone calls the contract will there be transaction fees, allowing stakers, validators, and developers to continuously earn income from network activity. The rules are out; now it's time to see how many applications GenLayer can support and monetize.
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