Multi-Token Network

Definition ∞ A multi-token network is a blockchain ecosystem that supports and utilizes several distinct digital tokens, each serving a specific function within the network’s protocol or associated applications. Unlike single-token systems, these networks leverage different tokens for governance, utility, security, or value transfer. This design allows for more granular control over economic incentives and system mechanics. Each token’s role is precisely defined to contribute to the network’s overall operation.
Context ∞ The design of multi-token networks is a subject of ongoing discussion, particularly concerning tokenomics and the distribution of value within decentralized ecosystems. News often reports on the performance and utility of individual tokens within these networks, as well as the governance models that dictate their evolution and usage.