Theta Fuel
TFUELBINANCE
Product information
What is Theta Fuel (TFUEL)?
Theta Fuel is the operational token in the dual-token structure of Theta Network. Theta has its own blockchain focused on video delivery and distributed computing; on the network, the governance and security role sits with the THETA token, while TFUEL is the fuel for everyday transactions. TFUEL came into use with the launch of the mainnet in 2019.
TFUEL is used for transaction fees, smart contract execution costs and rewards for edge nodes that provide resources for video delivery or compute jobs. Payments on Theta EdgeCloud, a GPU computing service, can also be made in TFUEL. Elite Edge nodes can stake TFUEL to earn higher rewards, while part of the fees spent on smart contract use is burned and removed from circulation. This design aims to link network usage with TFUEL supply.
On Lzzo.com, the TFUEL price is calculated from the Binance USDT pair, converted to US dollars using Coinbase Exchange's USDT/USD rate and published for information only.
Sources: thetatoken.org, coingecko.com
- Name
- Theta Fuel
- Symbol
- TFUEL
- Market
- Crypto
What to look for in the technical analysis of Theta Fuel
Moving averages help assess the trend and RSI helps assess momentum. Indicators are calculated from real history; when there is not enough history or the required candle fields are missing, the indicator is not calculated. Past results do not guarantee future performance.
Technical indicators
Calculated from observed daily candles (at least 201 observations). No intraday indicators. Indicators are descriptive, not a buy/sell recommendation.
Investment Return CalculatorWith observed closes over the past year
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