📄️ Any-token Gas
Users can pay gas fees using any approved token or have them covered by developers. The Root Network introduces an innovative any-token economy, streamlining user onboarding and enhancing the gas fee system for both users and validators.
📄️ EVM Smart Contract
Utilizing the Ethereum Virtual Machine (EVM) Smart Contract module as well as our prebuilt core runtime modules, developers can build The Root Network dapps with smart contracts.
📄️ Identity and Smart Wallet Protocols
Our native identity protocol allows users to establish a persistent and secure digital identity that can be used across multiple metaverse applications and experiences.
📄️ Decentralized Exchange
The Root Network supports automated decentralized spot exchanges. It will allow users to:
📄️ On-Chain Assets
The Root Network allows you to create digital assets and tokens that can be used and exchanged across different applications, experiences and destinations in the open metaverse.
📄️ On-Chain Collectibles Protocol
Using The Root Network’s NFT runtime module, you can mint and trade NFTs on The Root Network without ever needing to touch a smart contract. Instead, users can create custom NFTs using only a Javascript API or point-and-click with a user interface (UI). This not only simplifies the process of minting NFT assets for everyone but also ensures that creators are not restricted to a particular marketplace. The following features are designed to simplify the storage, sharing, and usage of NFTs:
📄️ Staking Protocol
There are three levels of participation with increasing responsibility and reward profiles. See the table below for a high-level explanation of the different levels, rewards and risks. For early backers, as outlined in Tokenomics, we are rewarding up to 10% of the total supply of ROOT tokens over 260 weeks as part of our Bootstrap Rewards.
📄️ Ethereum Bridge
The Root Network Ethereum Bridge allows the secure transfer of tokens between The Root Network and Ethereum. It allows two-way transfers of ERC-20 tokens and native $ETH.
📄️ XRPL Bridge
The Root Network XRPL Bridge allows the secure transfer of tokens between The Root Network and the XRP Ledger. It allows two-way transfers of native XRPL tokens.