Mintlayer

Decentralised Finance (DeFi): Mintlayer supports the creation and management of DeFi applications and offers tokenisation standards for fungible (MLS-01), non-fungible (MLS-03), and privacy-focused tokens (MLS-02) without needing complex smart contracts​.

Staking and Rewards: ML tokens are used for staking, allowing users to participate in the network as block producers and earn rewards. Staking pools require a minimum of 40,000 ML tokens, and users can delegate their tokens to these pools to earn rewards​.

Transaction Fees: ML tokens are used to pay for transaction fees on the network, covering costs associated with specific transactions such as token creation and other network fees​.

Community Engagement and Governance: ML token holders can participate in the governance of the Mintlayer network by voting on development priorities and suggesting new features​.

Ecosystem Tools: ML tokens can be used to purchase services within the Mintlayer ecosystem, such as smart contract development, security audits, and software engineering for decentralised applications​.