DEIP token is a native token in the DEIP network, an it serves three major functions:

governance

as a governance token, it provides holders with voting rights for the election of validators and council members, and for the adjustment of the key network parameters through referendums

utility

DEIP token is a native currency that is used as a means of payment in any financial transaction (e.g. paying transaction fees, smart contracts, etc.)

staking and yield farming

network participants can stake DEIP tokens on a specific F-NFT segment (or specific portal) in order to farm the yield of the underlying intangible assets