Question 1

What is NIBI?

Accepted Answer

NIBI is the native token of the Nibiru blockchain and the foundational asset used to pay for computation, participate in proof-of-stake (PoS), and take part in decentralized governance on the chain. It is not a points token issued by a single application: users pay transaction fees in NIBI, stakers use NIBI to support network security, and staking participants can also influence protocol changes through governance.

Question 2

Why is NIBI used to pay Gas?

Accepted Answer

Sending a transaction or calling a smart contract on Nibiru consumes network computation and block space, so NIBI is required to pay Gas. Gas is not the price of buying NIBI from an application; it is the execution cost charged by the network to process and include a transaction in a block. More complex operations or different network conditions may result in different final fees. Official documentation also describes NIBI as serving a role similar to Ether within Nibiru EVM.

Question 3

What role does NIBI staking play in the network?

Accepted Answer

NIBI provides economic security for Nibiru's PoS consensus: staked NIBI supports the validation and block-production process, allowing the network to confirm transactions without relying on a single operator. Its primary role is to support consensus and security, rather than to guarantee holders a fixed return. When participating in staking, users need to understand that tokens are used for consensus participation, and that rewards, availability, and risk are not the same thing. Eligibility for rewards, actual returns, and exit conditions depend on the network rules at the time and the participation method used; the fact that NIBI can be staked should not be understood as an unconditional yield.

Question 4

How is NIBI related to governance?

Accepted Answer

NIBI's governance role is connected to PoS participation. The official documentation defines decentralized governance as a process in which NIBI staking participants decide on and advance network changes: governance is not an abstract right created merely by the token's name, but a participation mechanism centered on protocol changes. Gas, staking, and governance are therefore three distinct uses of the same native asset: Gas serves transaction execution, staking serves network security, and governance serves protocol decision-making. Holding NIBI does not by itself mean a proposal will necessarily pass, nor does it mean the holder has corporate equity in the network.

Question 5

How do NIBI supply and release mechanisms work?

Accepted Answer

NIBI has a maximum fully diluted supply of 1.5 billion tokens, with an official release schedule spanning eight years. Fully diluted supply is a total-supply measure calculated from the stated cap; it should not be treated as the amount already in the market or immediately tradable at any particular time. The tokenomics materials describe the allocation design as community-centered and covering areas such as staking, development grants, liquidity, and ecosystem participation. A release or unlock changes when tokens may enter their designated allocation path; it is not the same as minting new tokens, an immediate sale, or actual circulation. Supply should therefore be assessed separately through the supply cap, the release schedule, and current circulating data.

Question 6

What is unibi, and how is it converted to NIBI?

Accepted Answer

unibi is the smallest unit of NIBI: 1 NIBI = 1,000,000 unibi. Wallets, command-line tools, or block explorers may show balances and amounts in unibi; for example, 2,500,000 unibi equals 2.5 NIBI under this conversion. This is only a unit conversion for the same native asset, not a different token. When transferring or signing, users should verify whether an interface uses NIBI or unibi to avoid mistaking an amount in base units for a full-NIBI amount.

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