CWEB Token
CWEB Token
CWEB, the world’s first blockchain-agnostic token, can seamlessly migrate across all integrated chains, safeguarding its utility and value even in cases of chain failures or security breaches. As the cornerstone of the Coinweb ecosystem, it facilitates payments to vital contributors and third parties sustaining the protocol’s functionality.
CWEB, the world’s first blockchain-agnostic token, can seamlessly migrate across all integrated chains, safeguarding its utility and value even in cases of chain failures or security breaches. As the cornerstone of the Coinweb ecosystem, it facilitates payments to vital contributors and third parties sustaining the protocol’s functionality.
Economic Actors
Users
Users can use CWEB to pay for transaction fees when interacting with dApps and conducting activities within the Coinweb network. This includes sending tokens, participating in token swaps, and executing smart contracts.
Nodes
Nodes may require CWEB as collateral to participate in the network and perform computations. Staking CWEB tokens can also be a means for nodes to demonstrate commitment to the network’s security and decentralisation.
Stakers
Stakers lock up CWEB tokens as collateral to secure various processes and maintain network stability. In return, they may receive staking rewards in CWEB for their efforts in safeguarding the network.
dApps
Decentralised applications can integrate CWEB as a means of payment for their services. Users can access dApps and pay for services using Coinweb Native Tokens adding utility and ease of access to these applications.
Liquidity Providers
Liquidity providers can use CWEB to provide liquidity to decentralised exchanges and liquidity pools within the Coinweb ecosystem. In return, they may earn rewards or fees in CWEB for their contributions.
Information Traders
Information traders can use CWEB to facilitate data synchronisation between the Coinweb layer and underlying blockchain chains. They may earn fees in CWEB for their services, creating an incentive to maintain data consistency.
CWEB Data
Capped
0
B
Max supply
Vested
0
B
Circulating Supply
Locked
0
M
Tokens staked
Find CWEB on
Staking CWEB
Coinweb’s staking programme, initially designed for reactive smart contracts, gradually increases L2 CWEB’s supply and aids token migration. It supports trust-minimised L1 <-> L2 bridges, incentivises usage, and maintains a clear operation history, enhancing Coinweb’s ecosystem and user experience.
Fuel for L2 Interoperability
Developers on Coinweb uses only Coinweb’s CWEB token. Users need to only use the dApp’s native token. This simplification reduces costs, accelerates Web2 to Web3 migration, and boosts liquidity of $CWEB as Coinweb integrates more L1 chains, increasing transaction efficiency.
A high-level introduction to CWEB
CWEB is the world’s first blockchain-agnostic token, embedded into multiple underlying chains via the Coinweb protocol.
CWEB Fees Overview
An introduction to fees for L1 Networks, L2 Gas, Coinweb Broadcaster, CWEB-less Operations, Token Fees and more.
Custom Token SDK
Get the tools to set up your dApps Coinweb Native Token
Gas Fee Abstraction
Read Coinweb’s Article on how we abstract away L1/L2 native tokens for Web2-graded UX for users
