Deep Dive
1. Utility Role & Dual-Token System
ONG is the operational “gas” for the Ontology blockchain, funding transactions and smart contract execution. Unlike Ontology’s governance token (ONT), ONG decouples transactional costs from governance volatility, ensuring stable fees. This separation allows ONT holders to stake tokens and earn ONG rewards, incentivizing network participation while maintaining predictable operational costs (Ontology Documentation).
2. Ecosystem Applications
ONG anchors Ontology’s decentralized identity framework, ONT ID, which enables users to control and verify personal data without intermediaries. It also powers DDXF, a protocol for secure, auditable data sharing between businesses. These tools aim to reduce reliance on centralized systems in industries like finance and healthcare.
3. Tokenomics Adjustments
In November 2025, Ontology’s community approved reducing ONG’s total supply from 1 billion to 800 million and permanently locking assets worth 100 million ONG to boost scarcity. Emissions now prioritize staking rewards (80%) and ecosystem liquidity (20%), aligning incentives for long-term growth (Community Proposal).
Conclusion
ONG is integral to Ontology’s vision of trustless data management, combining utility-driven tokenomics with real-world identity solutions. As Web3 adoption grows, will decentralized identity frameworks like ONT ID become critical infrastructure for digital privacy?