- Back to menuPrices
- Back to menuResearch
- Back to menuConsensus
- Back to menu
- Back to menu
- Back to menu
- Back to menuWebinars & Events
About Dione
Dione (DIONE) is a cryptocurrency central to the Dione Ecosystem, focused on sustainable and eco-friendly blockchain technology. It powers projects like Odyssey for clean energy transactions and Orion with solar-powered validators. The Dione Wallet and Dione Express further enhance user convenience and cryptocurrency accessibility.
Dione (DIONE) is a digital asset and the primary token of the Odyssey Chain, an energy-efficient blockchain protocol designed to support decentralised applications (dApps) and token ecosystems. The Odyssey Chain is a Layer 1 (L1) blockchain solution that addresses several key industry issues, including carbon footprint, scalability, interoperability, and decentralisation. It offers a unique hybrid model for businesses and developers, blending permissionless and permissioned blockchain environments to cater to various regulatory and compliance requirements. The Odyssey Chain uses a Proof of Stake (PoS) consensus model with Delegated Proof of Stake (DPoS) enhancements to increase network participation and maintain low energy consumption.
DIONE tokens are utilised for transaction fee payments, governance, network security, and staking on the Odyssey Chain. Specifically, DIONE acts as a fee settlement mechanism, allowing users to pay for transactions across the Odyssey Chain’s distinct chains (Delta, Alpha, and Omega). It is also used to incentivise validators who secure the network through staking and participate in the governance system, enabling token holders to influence protocol decisions and updates. In addition, DIONE is central to the Odyssey Chain's “Infi-Nets” model, where separate networks with unique configurations can be created to scale independently without affecting others. These Infi-Nets support enterprise and developer needs by allowing custom rules, tokenomics, and validator requirements for each subnetwork.