The FET Token

The FET Utility Token is key to unlocking the Fetch ecosystem. It's required to find, create, deploy and train autonomous economic agents and is essential for smart contracts, oracles and the transactions needed to deliver the new digital economy.

FET Token Consumption

FET

Ticker

$ 0.726605

Price

688.1m

Circulating Supply

1.2b

Total Supply

FET Token Uses

Build and connect agents to the network

Using FET Token, you can build and deploy your agent on the network. The process is a little like staking, giving the agent the right to operate in the network.

Train & deploy your agent on Fetch.ai network

By paying a modest amount of FET tokens, developers can access Machine Learning based utilities to train an autonomous agent and deploy collective intelligence on the network.

Oracles & Trust Services

Participate in staking to validate network services. Validation nodes are enabled by staking FET tokens. This facilitates network validation and reputation.

Be a part of the Digital Economy

Once you have built an agent, you can use the FET token as a medium of exchange on OEF (Open Economic Framework) and enable autonomous agents to acquire data, or services from other agents.

Use the FET for smart search and discovery for agents. Find what you need, deliver what you have, and do so actively: intelligent delivery turns search inside out, delivering you precisely what’s important, when it’s important.

Buy and store your FET

Stake your FET

What is Staking?

Services and validation nodes are enabled by staking FET tokens. This facilitates network validation and reputation.

Why should I stake?

You will receive a 10% APY for staking FET in the staking smart contracts. This rate could vary over time.

You can participate in future MTLX, ATMX and other FET network tokens if / when they become available.

Stake your FET Tokens and earn rewards

Services and validation nodes are enabled by staking FET tokens. This facilitates network validation and reputation.

How can I stake FET?

The new staking comes with a complete web front-end and also supports hardware wallets. In order to stake directly, you need your FET tokens to be in a non-exchange wallet that is able to interact with smart contracts directly.