Question 1

What is SIX?

Accepted Answer

SIX is the utility token of SIX Network and the native token of SIX Protocol. It can be used for on-chain Gas fees on SIX Protocol and is connected to node-validator staking, proposal voting, and validation-related reward mechanisms. “Native token” describes SIX's specific role within SIX Protocol; SIX can also exist on other supported networks. Whether SIX on another network can be used directly for Gas on that network depends on the token form and support on that network, and it cannot generally be regarded as a native Gas asset.

Question 2

What is SIX used for?

Accepted Answer

On SIX Protocol, SIX can be used to pay Gas fees. When users submit transactions or other on-chain operations, they need available SIX to pay the cost of processing and recording that operation on the network; if the balance is insufficient, the corresponding operation cannot be completed. Gas payments and validator rewards apply to different roles. Official materials state that validators can receive rewards from transaction fees and ongoing data-validation work, but this does not mean that every ordinary SIX holder automatically receives fee distributions or returns.

Question 3

On which networks can SIX be used?

Accepted Answer

Officially listed networks supporting SIX include SIX Protocol, Ethereum, BNB Smart Chain, Kaia, and Stellar; project materials also state that SIX was initially issued on Stellar. SIX on different networks may have different contract addresses or native forms. Before transferring, confirm the sending network, receiving network, the SIX form supported by the recipient, and the address format. The same token ticker does not mean it can be sent directly across networks; if networks do not match, the recipient may be unable to identify or use the asset as intended.

Question 4

How are SIX's supply and initial allocation arranged?

Accepted Answer

SIX has a total supply cap of 1 billion tokens. The officially disclosed initial allocation is: 47.45% for ICO and pre-sale, 4.55% for early investors, 13% for the team and advisors, 10% for the company, and 25% for bounty and reserves, totaling 100%. These percentages describe the initial allocation basis, rather than real-time circulating supply at a particular point in time, balances at specific addresses, or quantities immediately available for trading. When understanding supply, distinguish the total supply cap, initial allocation categories, and actual available circulating quantity; the latter two cannot be directly inferred solely from the initial allocation table.

Question 5

Does holding SIX allow participation in governance or validation rewards?

Accepted Answer

Simply holding SIX does not automatically provide validation rewards or governance rights. Official materials state that becoming a SIX Protocol node validator requires staking SIX; after entering that role, validators can participate in proposal voting and receive related rewards from transaction fees and ongoing data-validation work. This mechanism includes different stages: staking is a prerequisite for participating in the validator role, while performing network and data-validation work is related to rewards. Ordinary token holding, becoming a validator, participating in voting, and receiving validation rewards should not be conflated, and official materials do not describe these rights as automatically enjoyed by all token holders.

Question 6

How does becoming a SIX Protocol validator relate to SIX?

Accepted Answer

Validators on SIX Protocol must first stake SIX before they can participate in the node-validator role. After satisfying this participation condition, validators can participate in proposal voting and conduct ongoing data-validation work. Officially stated reward sources include transaction fees and data-validation-related rewards, but the listed materials do not provide a fixed return rate or uniform settlement period applicable to all validators. Therefore, validator rewards cannot be understood as unconditional, fixed returns from holding tokens.

Question 7

What is the difference between multi-network SIX and SIX Protocol's native use?

Accepted Answer

SIX's multi-network availability means that the same project token can exist in corresponding forms across different network environments; native SIX on SIX Protocol, by contrast, performs functions such as Gas payments and validator staking within that protocol. The former concerns networks and token forms, while the latter concerns uses within the protocol. Therefore, before sending SIX to an address, do not confirm only the token ticker; also confirm the network associated with that address and the SIX form required by the recipient. Otherwise, even if the quantity is correct, it may not be usable for the intended transfer, Gas payment, or protocol operation.

Question 8

Which bases should be distinguished when understanding SIX supply data?

Accepted Answer

When understanding SIX supply data, at least three bases should be distinguished: 1 billion tokens is the officially disclosed total supply cap; the percentages are proportions of initial allocation categories; and actual circulating supply is the status of tokens available or tradable at a particular point in time. The three answer different questions. Initial allocation includes categories such as the team, company, and reserves, which alone cannot prove that these tokens were all in circulation on any given date. To determine the quantity tradable on the market, circulation, lockup, or release information corresponding to a specific point in time is required; initial percentages cannot substitute for real-time status.

Question 9

How are SIX Gas fees and validator rewards related?

Accepted Answer

On SIX Protocol, users pay Gas fees in SIX to submit operations; validators, after staking and taking on the validator role, may receive rewards from transaction fees and data-validation work. Both involve SIX, but the participants and conditions differ. Therefore, paying Gas does not mean that all token holders receive returns, and holding SIX does not mean that one can directly validate the network. Users need to retain available SIX for on-chain operations; validators need to satisfy staking and role-participation conditions.

Question 10

Why must the network and token form be verified before transferring SIX?

Accepted Answer

When using SIX across networks, the key is whether the network and token form match, not simply the name. Official materials list multiple networks and their corresponding contract or native-token information, showing that the same ticker must be identified in its corresponding form on each network. When operating, first confirm the network required by the recipient, then verify token information against the official network materials, and finally use a matching address and transfer channel. An ordinary same-chain transfer does not automatically convert between different networks.

Question 11

Is SIX governance participation automatically open to all token holders?

Accepted Answer

Officially described SIX governance participation is tied to the validator role: validators can participate in proposal voting after staking SIX. This does not mean every token-holding address automatically obtains the same voting eligibility. The materials do not provide voting eligibility for all holders, a vote-counting formula, or proposal execution thresholds here; therefore, it cannot be further inferred from “validators can vote” that all SIX holders can directly participate in the same governance process.

Question 12

What does SIX's evolution from issuance on Stellar to multi-network availability mean?

Accepted Answer

SIX was initially issued on Stellar. Official materials currently list support information for SIX Protocol, Ethereum, BNB Smart Chain, Kaia, and Stellar. This shows that the same project token is available across multiple networks, rather than each network version representing a different project. The initial issuance network does not change the requirement that the network must match for current operations. When receiving or using SIX, use the specific network supported by the target scenario and the corresponding token information listed officially as the basis.

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