Buy, Sell, and Trade NEON on CoinList
We’re excited to announce that NEON (SPL) is now available for trading on CoinList and CoinList Pro on Day 1 of Neon EVM’s mainnet launch!
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Scaling Ethereum dApps on Solana
Neon EVM bridges the gap between Ethereum and Solana by providing a low-friction solution that enables Ethereum dApps to function within Solana. Neon EVM positions Ethereum developers to enjoy the best of Solana’s network, from low fees to high transaction speeds, and parallel transaction execution capabilities.
Solana is a high-speed, low-cost blockchain that has seen explosive growth in recent years. However, its incompatibility with EVM has prevented it from attracting a large and valuable market: multichain dApp developers. Neon EVM solves this problem, making Solana a viable option for developers and bringing together the best of both chains while keeping user security and safety paramount.
NEON Token Utility
The Neon token is an SPL (Solana Program Library) token with a fixed supply of 1,000,000,000 tokens. The token serves two main purposes:
1. Network transactions: The NEON token primarily functions as a payment token for transactions in the Neon EVM (i.e., when an Ethereum dApp transacts on the Solana network). In other words, the NEON token is used to settle the gas fee and cover the cost of transaction execution. More information about gas fees in the Neon EVM can be found here.
2. Governance: The secondary purpose of the NEON token is to manage the governance of the Neon DAO. NEON token holders may participate in votes held by the Neon DAO. The Neon DAO guides the Neon Foundation around the actions, development, and direction of the Neon EVM and around matters relating to the NEON token. To engage in the process, voters send their NEON tokens to the Neon DAO smart contract — locking the tokens during the voting period. More information on the governance process can be found here.
In order to utilize the Neon EVM, NEON SPL tokens must first be converted to native NEON tokens via NeonPass. For information on how to convert your tokens and begin using the Neon EVM network, refer to the documentation here.
As Neon’s token economy continues to grow, CoinList users now have a full-featured and trustworthy trading venue to access the NEON ecosystem.
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Legal Notice
*NEON trading is not available to citizens and/or residents of the U.S., Canada and other unsupported jurisdictions. For more information on unsupported jurisdictions see here.
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