Merkle Network uses MERKLE tokens to reward Merkle Node operators for transferring the data from the source blockchain to the destination blockchain, while maintaining the integrity & readability of the data and uptime guarantee of the node operators. Users and smart contracts looking to use the Merkle network to transfer data between the chains pay the Node operators in Merkle tokens.
The maximum supply of MERKLE tokens is 60,000,000 with deflationary supply linked to the use of network. A part of the fees generated on the network will be burned.