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Information about darwinia-commitment-token

KTON is a commitment token that is derived from RING, the native token of the Darwinia Network. It incentivizes long-term engagement by allowing RING holders to voluntarily lock their tokens for a period of 3-36 months and receive KTON as rewards. This helps compensate for any loss of liquidity. KTON can also be staked to earn rewards and gain voting power for participation in the network's governance. The Darwinia Network is a decentralized bridge protocol that enables interoperability between different blockchain networks. It serves as a vital infrastructure for decentralized cross-chain token swap, exchange, and marketplace activities. Additionally, it facilitates the seamless upgrade of single-chain applications to cross-chain versions, supporting various sectors such as Defi, gaming, decentralized exchanges, NFT markets, and more. The ultimate goal of the Darwinia Network is to establish the basis for the future Internet of Tokens.

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