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![AltCryptoGems Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1372196901936848901.png) Sjuul | AltCryptoGems [@AltCryptoGems](/creator/twitter/AltCryptoGems) on x 483.8K followers
Created: 2025-07-10 09:07:46 UTC

$POLYX, the native token powering the network, serves three primary utilities:

1- Primarily to conduct transactions on the Layer X
2- Participating in governance proposals
3- Securing the network via $POLYX staking

However, $POLYX has some bonus utilities for developers to incentivize them to build on the network, as well as KYC provider rewards for verifying user identities and more.


XXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1943235687060308474/c:line.svg)

**Related Topics**
[polyx](/topic/polyx)
[staking](/topic/staking)
[stocks utilities](/topic/stocks-utilities)
[token](/topic/token)
[$polyx](/topic/$polyx)
[polymesh](/topic/polymesh)
[coins layer 1](/topic/coins-layer-1)
[coins real world assets](/topic/coins-real-world-assets)

[Post Link](https://x.com/AltCryptoGems/status/1943235687060308474)

[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

AltCryptoGems Avatar Sjuul | AltCryptoGems @AltCryptoGems on x 483.8K followers Created: 2025-07-10 09:07:46 UTC

$POLYX, the native token powering the network, serves three primary utilities:

1- Primarily to conduct transactions on the Layer X 2- Participating in governance proposals 3- Securing the network via $POLYX staking

However, $POLYX has some bonus utilities for developers to incentivize them to build on the network, as well as KYC provider rewards for verifying user identities and more.

XXXXXX engagements

Engagements Line Chart

Related Topics polyx staking stocks utilities token $polyx polymesh coins layer 1 coins real world assets

Post Link

post/tweet::1943235687060308474
/post/tweet::1943235687060308474