What is NEXT
This document is currently subject to public review before being finalized. If you notice a revision that needs to be made or have feedback, please request a revision or start a conversation with us on Discord at https://discord.gg/connext.
NEXT is the governance and utility token of Connext. NEXT is deployed as an xERC20 (crosschain native) token on every chain Connext supports.
At launch, NEXT is used to govern the Connext DAO, an organization responsible for allocating funding for the ongoing development of the protocol.
True decentralization and permissionless operation of the Connext protocol are achieved by ossifying repeatable governance processes and enshrining them directly into the underlying protocol. This process is called ungovernance.
In the future, NEXT can additionally be used to ungovern the network by making activities such as routing, chain support, and token listing permissionless via NEXT staking, subject to DAO approval.
Ethereum | |
Arbitrum | |
Optimism | |
Polygon | |
Gnosis | |
BSC |
Ethereum Goerli | |
Arbitrum Goerli | |
Optimism Goerli | |
Polygon Mumbai |
Last modified 26d ago