Role of ALYX

Transaction Fees: ALYX is used to pay for transaction fees and the execution of smart contracts on the Alyx Chain, ensuring the smooth operation of the network.

Staking and Network Security: Users can stake ALYX tokens in the PoCS mechanism, contributing to the network's security and governance, and in return, earn staking rewards.

Governance Participation: Holding ALYX tokens grants users the right to participate in the governance of Alyx Chain, allowing them to vote on key proposals and decisions that shape the future of the platform.