
Cudos (CUDOS)
Key data
updated $0Cudos (CUDOS) is the native token of the Cudos network — a blockchain platform built to connect cloud computing with decentralized infrastructure. In simple terms, it lets people share their unused computing power and get rewarded, while developers can tap into that distributed capacity. The token, tickered CUDOS, is used for staking, governance, transaction fees, and payments across the network.
Frequently asked questions
What is Cudos and how is it different from other crypto projects?
Cudos focuses on decentralized cloud computing rather than payments or general-purpose dApps. It aims to create a marketplace where spare computing resources are bought and sold, similar to how Airbnb works for accommodation. This sets it apart from typical layer-1 blockchains that mainly host smart contracts.
How does the Cudos network work technically?
Cudos is built on a proof-of-stake consensus mechanism, where validators secure the network by staking CUDOS tokens. The network coordinates distributed computing resources supplied by participants around the world. Smart contract functionality allows developers to build applications that consume this compute power on demand.
How is the CUDOS token supply structured?
CUDOS has a hard cap of 10,000,000,000 coins, meaning no more tokens can ever be created beyond that limit. The supply is allocated across network incentives, staking rewards, the team, and ecosystem development. This fixed cap is designed to prevent unlimited inflation of the token.
Where can you store and use CUDOS tokens?
Since CUDOS is a native blockchain token, it can be stored in wallets that support the Cudos network, such as Keplr or other Cosmos-compatible wallets. Holders can stake tokens to earn rewards and help secure the network, or use them for governance votes. Always verify the official wallet list on the project's site before transferring funds.