What is FET
Learn what the FET Token is, and what it can be used for.
What is a FET Token
A FET token is a digital currency. The FET token is the primary medium of exchange within the Fetch.ai ecosystem. If you want to pay for services provided by Fetch.ai, you pay in FET. Much like you use USD to buy services in the United States.
What is Staking
Staking is earning semi-passive income from your FET tokens while contributing to the Fetch network’s operations. You delegate your tokens to one or more validators who have an important role in maintaining the integrity of the network. It is important to do due diligence on the validators you choose.
What is a Wallet
A wallet is a small software program that can either run on your PC or phone. You can use your wallet to store or stake FET tokens.