What does ETH do?
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Written by Stox
Updated over a week ago

ETH, or Ethereum, is system which supports the type of token that the Stox platform functions upon. 

The STX token is an ERC20 utility token, and is used in our ecosystem as the means to place a stake on predictions. 

A utility token is a token that is designed for specific use on a platform. In Stox case, the STX token is the primary currency for staking predictions, and paying any fees on the platform.

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