Utility

How is $GP used?

• Payment: Clients pay for GPU resource usage with $GP or stablecoins. Using $GP as a payment method allows clients to access more GPU resources at a lower cost. GP Station provides an instant swap feature to convert stablecoins like USDT to $GP.

• Governance: $GP is required to participate in the key decision-making and management bodies of GPGPU. Holders of $GP can participate in or propose major decisions, such as protocol changes and reward policies.

• Node Staking: Nodes must stake a certain amount of $GP to receive rewards for verification and reputation management activities. This process serves as an economic mechanism to ensure that governance entities, including Nodes, act correctly. If a Node attempts any misconduct, the staked $GP can be burned, incentivizing proper behavior. All Nodes act as independent watchdogs to maintain the protocol's trustworthiness.