Trade GAS/USD

Neo separates governance from network utility through two tokens. NEO is the governance token: holders vote on network council members who manage protocol upgrades and parameters, and NEO cannot be subdivided below one unit. GAS is the operational token: it is generated by NEO holders as a reward, can be subdivided to eight decimal places, and is required to pay for smart contract deployment and execution. Holding NEO therefore earns a passive GAS income, incentivizing long-term NEO holding while keeping the fee token supply dynamic and linked to governance participation.

On Neo N3, NEO holders generate GAS proportional to their NEO balance in each block. The precise rate depends on governance decisions and the network's reward distribution model, which allocates GAS between NEO holders and validator council members. The GAS generation is automatic and does not require active staking or delegation in the Ethereum sense. NEO must be held in a wallet that supports GAS claims, as some exchange wallets handle GAS accumulation differently or may not pass generated GAS to users.

Ethereum's gas is not a token, it is a unit of computational work measurement, and ETH is paid as the fee for each unit. Ethereum's gas fee is paid in ETH itself, which is burned under EIP-1559, rather than in a separate dedicated fee token. Neo's GAS is a distinct tradable token with its own market price, generated from NEO staking rewards and consumed for network operations. In practice, GAS has its own supply and demand dynamics, its own price chart, and can be bought and sold independently of NEO, unlike Ethereum's fee mechanism.

No. GAS/USD on StoicFX is a Contract for Difference. You trade GAS's price against the US dollar without holding any tokens. To deploy smart contracts on Neo, pay network transaction fees, or accumulate GAS by holding NEO, you would need actual GAS or NEO tokens in a Neo-compatible wallet.