The POWR token plays an important role in the adoption of Power Ledger’s technology. The more users we onboard, the more the token economy will drive the use of POWR.
More users equates to more energy being traded on the platform, which in turn requires more POWR tokens to be escrowed by application hosts to gain or maintain access to the Power Ledger platform.
There’s only 1 billion POWR tokens in existence, and there will never be more created. Only a portion of those are currently in circulation. Every time we onboard an Application Host, they’re required to escrow POWR. For as long as they maintain use of the platform, the tokens will remain in escrow and out of circulating supply.