The Cere Network (CERE) token is a native utility token that serves multiple purposes within the Cere ecosystem. Here are some key ways the token is used:

1. Governance: CERE token holders can participate in governance by voting on proposals and protocol changes through the governance portal. This ensures that key decisions are made in collaboration with the community, fostering transparency and trust.

2. Staking and Securing the Network: Token holders can stake their CERE tokens to nominate reliable validators, ensuring a decentralized and trustworthy protocol foundation. This mechanism is based on a nominated proof-of-stake mechanism.

3. Revenue Generation: A portion of Cere SaaS fees is used for network transactions, while another portion is allocated to stimulate activity between enterprises and data on the Open Data Marketplace. This model generates revenue for the network and incentivizes data collaboration and monetization.

4. Decentralized Data Cloud (DDC): The CERE token is integral to the DDC, which enables secure and efficient data management, including data streaming, sharing, and serverless dApp hosting. The token facilitates interactions within the DDC, ensuring seamless data collaboration and monetization.

5. Community Engagement: The token also plays a role in community engagement, as token holders can participate in discussions and vote on proposals, fostering a sense of collaboration and unity within the Cere ecosystem.

Overall, the CERE token is a crucial component of the Cere Network, enabling decentralized governance, staking, and revenue generation while facilitating data collaboration and monetization within the ecosystem.

To store Cere Network (CERE) tokens, you have two primary options:

1. Store in Your KuCoin Account:

   • Holding your CERE tokens in your KuCoin account provides quick access to various trading products, such as spot and futures trading, staking, and lending. KuCoin serves as the custodian of your crypto assets, ensuring you don't need to manage your private keys. However, make sure to set up a strong password and upgrade your security settings to prevent unauthorized access.

2. Hold in Non-Custodial Wallets:

   • For enhanced security, you can withdraw your CERE tokens to a non-custodial wallet. This grants you complete control over your private keys. You can use various types of wallets, including hardware wallets, Web3 wallets, or paper wallets. Be cautious not to lose your private keys, as this may result in the permanent loss of your CERE tokens.

To buy Cere Network (CERE) tokens, follow these steps:

1. Choose an Exchange: Select a reliable centralized exchange (CEX) or decentralized exchange (DEX) that supports CERE trading. Popular options include MEXC, Binance, KuCoin, and gate.io.

2. Create an Account: Register an account on the chosen exchange's website or mobile app. This will serve as your gateway to purchasing cryptocurrency. You will need to provide proof of identification and enable two-step verification for security.

3. Fund Your Account: Deposit fiat currency into your exchange account using methods such as credit/debit cards, bank transfers, or third-party payment services like Simplex, Banxa, or Mercuryo.

4. Buy USDT or Other Base Currencies: Purchase stablecoins like USDT or other base currencies like ETH or BNB, depending on the exchange and the mainnet the DEX is built on.

5. Swap to CERE: Use the purchased base currency to swap for CERE tokens on the exchange. This can be done through the exchange's spot market or peer-to-peer trading services.

6. Store or Use Your CERE: Once you have acquired CERE tokens, you can hold them in your exchange wallet or transfer them to a personal cryptocurrency wallet. You can also trade them for other cryptocurrencies or stake them for passive income.

Remember to follow the specific procedures and guidelines provided by your chosen exchange, as they may vary slightly.