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The BLD staking token secures and governs the Agoric chain and economy.
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The BLD serves as a staking token to safeguard and oversee the Agoric chain and its economic activities. Through delegation to validators, the BLD token guarantees decentralized execution, with stakers earning compensation in the form of staking rewards generated from new BLD issuance and a portion of Inter Protocol fees
By allowing holders to stake their BLD tokens, the network's security is fortified. Staking acts as a safeguard against potential malicious activities, fostering a secure environment.
Delegation involves assigning your BLD tokens to validators on the Agoric network. This process contributes to the decentralized execution of transactions and activities, reinforcing the network's reliability.
Absolutely, BLD token holders have the opportunity to participate in governance decisions regarding the Agoric ecosystem. This allows stakeholders to contribute to shaping the network's evolution and direction.