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Market Cap$ 3.05T-2.23%
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Phantasma Energy

Phantasma Energy KCALPrice N/A

KCAL Price

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General Info

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# Inactive

Description

KCAL is a utility token of Phantasma ecosystem using for fees

Phantasma Energy (KCAL) Chart

Phantasma Energy price Index provides the latest KCAL price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

Additional Data

Total Supply

KCAL 51,619,163

All Time High

$ 0.0268

29 Jul 2024


All Time Low

$ 0.00...034

17 Jun 2022

Trending Phantasma Energy Fiat Pairs

What is Phantasma Energy (KCAL)?

KCAL fuels everything in the Phantasma ecosystem. From simple transactions to staking, minting your own NFTs or claiming KCAL itself, everything requires a minor fee – payable in KCAL and nothing else. Developers deploying smart contracts and new tokens pay their fees in KCAL exclusively. That is why those in the know stake SOUL to generate KCAL. For each SOUL you stake, you generate 0.002 KCAL every single day – for a 1,000 SOUL stake, that’s 2 KCAL free every day, enough to cover all normal transaction types for the average user in perpetuity.

Deflationary measures guard the KCAL token economy, with half the KCAL fee of every type of transaction being burned instantly – keeping inflation under control and providing balance to supply and demand. Even dApp developers are contributing, with GhostMarket burning half their earned KCAL fees, further driving a downwards pressure on the KCAL supply.

Phantasma Chain is a fast, secure and scalable blockchain solution that allows for interoperability with other blockchains while maintaining a decentralized governance system. With an innovative staking mechanism and dual token system, it allows for users to access different digital goods & services in the areas of communication, entertainment, marketplace and storage.

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