Popular science: What kind of currency is ORAI coin? How to get ORAI coins?

ORAI coin is the native cryptocurrency of the Oraichain platform, used to access decentralized oracle services for smart contracts, including data fetching and computation.

Oct 09, 2024 at 12:18 am

What is ORAI Coin?

ORAI coin is a cryptocurrency that powers the Oraichain ecosystem. Oraichain is a blockchain platform that provides decentralized oracle services for smart contracts. ORAI is used to pay for the use of Oraichain's services, such as data fetching and computation.

How to Get ORAI Coins

There are a few ways to get ORAI coins:

1. Buy ORAI on a cryptocurrency exchange. ORAI is listed on several cryptocurrency exchanges, including Binance, Huobi, and Gate.io.
2. Earn ORAI through staking. You can stake your ORAI coins to earn rewards. Staking is a process of locking up your ORAI coins in a wallet for a certain period of time. In return, you will earn interest on your staked ORAI coins.
3. Participate in the Oraichain community. You can earn ORAI coins by participating in the Oraichain community. This includes contributing to the Oraichain forum, writing blog posts about Oraichain, and translating Oraichain documents into other languages.

What are the Benefits of Holding ORAI Coins?

There are several benefits to holding ORAI coins:

• You can use ORAI to pay for the use of Oraichain's services. This includes data fetching, computation, and other services.
• You can earn rewards by staking your ORAI coins. Staking is a process of locking up your ORAI coins in a wallet for a certain period of time. In return, you will earn interest on your staked ORAI coins.
• You can participate in the Oraichain community. By holding ORAI coins, you can participate in the Oraichain community and help shape the future of the platform.