Theta Fuel (TFUEL) News, Price Predictions, Opinions and Analyses Created by Users

Theta Fuel (TFUEL)

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Theta Fuel (TFUEL) is a cryptocurrency made by Mitch Liu and Jieyi Long in 2019. It is the second token (gas token) of the Theta protocol and is used in conjunction with the Theta (THETA) token.

While the THETA token is used for governance of the Theta protocol and staking as a Validator or Guardian node, Theta Fuel (TFUEL) is the operational token of the Theta protocol. In fact, Theta Fuel has even more utility than Theta’s primary token. TFUEL powers on-chain operations like payments to relayers for streaming video, or for deploying/interacting with smart contracts. Users earn TFUEL for relaying video streams to other users on the network and viewers can earn TFUEL as a direct reward just for participating in the network. 

Theta Fuel was only launched in March 2019 when the Theta mainnet went live. During its launch, for each Theta token that was held by users/investors, they received 5 Theta Fuel to seed the ecosystem. A total of 5,000,000,000 TFUEL was distributed to Theta token holders (5 for each of the 1 billion Theta Tokens). Now, the supply is set to increase at an initial annual target rate of 5% with the new annual rates being determined at the protocol level. 

A common question among the crypto community is why did Theta introduce a secondary currency (TFUEL) at all? According to the Theta team, the primary reason is to separate the staking/governance and operations/transactions usage of the token. Theta’s two token model also reportedly enhances the protocols security.


Theta Fuel: the price rises thanks to the World Poker Tour

6 May 2021 2 minute read 3 comments LBajard

      Laura Baiardi · Theta Fuel rises   Theta Network was created to leverage blockchain technology to create the first Video Streaming and distribution network, where viewers are encouraged to share videos, IT resources and Redundant bandwidth t...

Time to revisit the Theta Guardian Node (How to mine TFUEL)

5 May 2021 5 minute read 13 comments TrocProcLock

If you have been following me for some time you should know that I love me some TFUEL. It is what keeps me warm at night!  TFUEL and the Theta Network is what really drove me into the crypto space as more than a pet project. Back in the day their we...

BitBoy to launch his own Theta NFTs on ThetaDrop in May.

16 Apr 2021 1 minute read 0 comments Keith Thuerk

BitBoy to launch his own Theta NFTs on ThetaDrop in May. Who is BitBoy? is Ben Armstrong and is a Crypto based streamer that has 750,000K+ followers and you can find and follow him here - https://bitboycrypto.com/ What will happen?  BitBoy will put u...

Theta Kicking Tail - Awarded 3rd US Patent

14 Apr 2021 1 minute read 0 comments Keith Thuerk

Theta Kicking Tail - Awarded 3rd US Patent   Theta Warriors the Theta storm continues to swell and is fixing to launch up and not come back down.  The US Patent Office issued # 10,979,467 to Theta Networks for Decentralized Streaming and Delivery Net...

World Poker Tour will premier along with it’s NFT market launch on Theta Network

14 Apr 2021 2 minute read 1 comment Greenchic

NFT market launching on Theta Network very soon!!   NFT market place going live on Theta Network on April 18th!! Theta Network is a leading decentralised video delivery blockchain network that enables peer to peer live streaming of video content. Ve...

My Crypto Portfolio and Daily Crypto Routine

13 Apr 2021 6 minute read 4 comments TrocProcLock

I wanted to give you all an update on my top Crypto's and what I do each day to earn Crypto. I have never bought Crypto with USD or any fiat currency. Everything I have in the crypto space was either earned or rewarded or mined. Now I am not going to...

Mining $TFuel with your Gaming Rig! It's really that Simple!

12 Apr 2021 1 minute read 0 comments NolaCardBoard

  Hello Folks! Just a quick run down on how simple it is to mine $TFuel on your gaming rig and earn more passive income!    First things first! Download Theta Edge Node Here:  https://www.thetatoken.org/ Install the edge worker and run it on your PC...

The Hateful Eight: KLAY, ANKR, MKR, BTMX, TFUEL, FIL, LUNA, ICX – Biggest Losers from April 2nd to April 9th

9 Apr 2021 2 minute read 0 comments pheonixdown-dee

In this article, I'll take a look at eight altcoins that decreased the most over the past seven days (April 2nd – April 9th). Note these are top losers in top 100, there are other projects that have dropped more that have smaller market caps.     Thi...

Look At This!!! Theta And Theta Fuel (TFUEL) Have Formed Bullish Reversal Patterns At The Same Time

1 Apr 2021 1 minute read 0 comments moon333

  Click here to create an account on Binance, the best place to buy or sell Theta and Tfuel For exact buy and sell targets for this trade, and other harmonic trading signals you can join: https://www.patreon.com/moon333     /////////////////////////...

THETA formed a bull flag and bullish Gartley pattern

31 Mar 2021 1 minute read 0 comments moon333

Hi dear patrons, hope you are well and welcome to the new update on Theta coin with Bitcoin pair.On a daily time frame chart, the Theta has formed a bull flag . While moving in the bull flag the price action has formed a bullish Gartley pattern on 4...