Introduction
PHA is the native token of the Phala blockchain. It serves several key functions and holders can use the token in a few different ways:
- Workers, the compute providers for Phala Network, receive rewards denominated in PHA. Read about how rewards are calculated or becoming a Worker.
- Running programs, or Phat Contracts, on Phala Network requires users to stake PHA to their contracts. Explore the stake-to-compute model here.
- PHA token can be staked or delegated to stakers to support the security of the network and earn rewards. Read about delegation or get started on the app.
Last modified 3mo ago