RING is the native asset of the Darwinia Network, used as transaction Gas. Gas includes on-chain transaction fees, contract execution fees, and cross-chain service fees. RING can be staked to gain influence, enabling participation in governance and earning rewards.
Darwinia Network, developed based on Substrate, is a cross-chain relay network connecting the Polkadot parachain ecosystem with external heterogeneous chains. It is fully compatible with the EVM virtual machine and focuses on building a future network for interconnected assets. The network emphasizes non-fungible token (NFT) auction markets, stablecoin cross-chains, and asset trading and exchange. It provides infrastructure for cross-chain and multi-chain applications.