OGPU Token

The OGPU token is the native currency of the OpenGPU Network blockchain and serves as the gas for all transactions on the blockchain. It functions as the reward currency for tasks and security mechanism within the decentralized GPU computing ecosystem.

Core Functions

Transaction Fees

OGPU is used to pay gas fees for all blockchain transactions on the OpenGPU Network, ensuring network security, preventing spam and .

Task Payments

OGPU serves as the default currency for computational task payments within the network. This dual functionality simplifies interactions and provides a unified payment system for all network participants.

Network Participation

Staking Requirements

Participation in the OpenGPU Network requires staking OGPU tokens:

Providers stake OGPU to prove credibility and accountability when offering computational resources and executing tasks

Clients stake OGPU to prove their tasks are credible and secure

This staking mechanism ensures that all network participants have a vested interest in maintaining the network's integrity and reliability.

Network Security

The staking requirements create economic incentives for honest behavior and help secure the network against malicious actors. Participants risk losing their staked OGPU if they act against the network's interests.

Validators play a crucial role in maintaining network security by validating transactions and ensuring consensus across the OpenGPU Network. Their staked OGPU serves as collateral that can be slashed for malicious behavior or network violations.