IRISnet

IRIS is the native cryptocurrency of the IRISnet network, a platform that aims to enable cross-chain interoperability and promote the creation of distributed business applications. IRISnet utilizes the Cosmos SDK framework and the Tendermint consensus algorithm to facilitate secure and scalable blockchain solutions. The IRIS token plays a crucial role within the ecosystem, serving as a medium of exchange and a staking asset. By holding and utilizing IRIS tokens, users can participate in network consensus, access services within the IRISnet platform, and potentially earn rewards."