### What is Ontology Gas?

Ontology Gas (ONG) is the native token of the Ontology blockchain, which is used to pay for transaction fees, storage, and the deployment and execution of smart contracts on the network.

### How does Ontology Gas work?

Ontology Gas operates within the Ontology blockchain's dual-token model, consisting of ONT for governance and staking, while ONG is used for covering transaction fees and acting as a utility token for various operational aspects of the network. It is central to the blockchain's mechanism for incentivizing participation and securing network transactions.

### What are the potential use cases for Ontology Gas?

Ontology Gas has several use cases, including:
- **Transaction Fees**: Paying for transactions conducted on the Ontology network.
- **Smart Contract Deployment**: Facilitating the deployment and execution of smart contracts.
- **Decentralized Identity**: Supporting decentralized identity management through ONT ID.
- **Data Solutions**: Being used within decentralized data exchange frameworks.
- **DeFi Applications**: Integrated into cross-chain transactions and interoperability solutions.
- **Enterprise Solutions**: Used in partnerships to develop blockchain-based enterprise applications.

### What is the history of Ontology Gas?

Ontology Gas (ONG) was created as part of the Ontology blockchain platform, founded in 2017 by Jun Li. Ontology initially performed a distribution strategy involving airdrops, avoiding an ICO. The Ontology mainnet was launched in June 2018, which featured a token swap to native mainnet coins. The dual-token system, including ONG, was implemented to serve distinct functions in governance and utility, establishing Ontology as a significant platform focusing on identity, data solutions, and cross-chain interoperability.

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