Theta Fuel Price

Theta Fuel is the operational token of the Theta Network, a blockchain-based platform that revolutionizes video streaming. Aimed at enhancing user experience by decentralizing the content delivery process, TFUEL facilitates a variety of vital operations. Its primary functions include incentivising users to share their computational resources and bandwidth, processing payments, engaging in smart contract executions, and rewarding network participants, thus creating a seamless ecosystem for digital content consumption.

Users earn TFUEL by providing services such as streaming and bandwidth sharing, or by staking Theta tokens (THETA). TFUEL also serves as the currency for covering gas fees incurred during transactions within the Theta Network, including operations like smart contracts and relayer rewards, positioning it as a fundamental enabler of network functionality.