Akash Network Token (AKT)

Akash Network Token (AKT) is the native utility token of Akash Network. AKT is used as the primary means to govern the network, secure the blockchain, incentivize participants, and provide a default mechanism to store and exchange value.

Security

Akash Network is secured by a Proof-of-Stake (PoS) blockchain, and AKT is used to secure the network by staking. Staking AKT provides a passive income stream for stakers, and increases the security of the network.

Governance

Akash Network is community-owned and all aspects of the network are governed by AKT holders. AKT holders can vote on proposals to improve the network and manage critical parameters such as the inflation rate and take rates.

Value Exchange

AKT provides a default mechanism to store and exchange value, and acts as a reserve currency in Cosmos’ multi-currency and multi-chain ecosystem.

Incentivization

AKT is used to incentivize providers to offer lower prices, and incentivizes stakers to participate in the network longer term by staking.

Ecosystem Tools

The following tools are available for exploring the Akash Network blockchain, staking AKT, and participating in governance:

ExplorersWalletsStaking
MintscanKeplr ๐ŸŒŽ๐Ÿ“ฑKeplr
BigdipperCosmostation ๐ŸŒŽ๐Ÿ“ฑCosmostation
Atom ScanMixin Messenger ๐Ÿ“ฑStaking Rewards
Ping.pubOmni Wallet ๐Ÿ“ฑ

Token Metrics

As of Fri Jan 20 01:55:06 UTC, these are the current AKT metrics, as reported by Coingecko.

Circulating Supply198,543,893
Total Supply207,348,822
Maximum Supply388,539,008
Price0.2312 USD
Market Cap45,895,337 USD
24h Trading Volume846,332 USD

Buying AKT

AKT is available on the following exchanges:

CentralizedDecentralized
Kraken ๐Ÿ‡บ๐Ÿ‡ธOsmosis ๐ŸŒŽ
KuCoin ๐Ÿ‡บ๐Ÿ‡ธ
Crypto.com ๐Ÿ‡บ๐Ÿ‡ธ
Gate.io ๐Ÿ‡บ๐Ÿ‡ธ
AscendEX ๐ŸŒŽ
Huobi Global ๐ŸŒŽ