FIO protocol is a blockchain protocol that is designed to improve the sending and receiving of coins and tokens. FIO Chain utilises FIO tokens, to both oversee governance of the ecosystem and pay for network fees. Network miners or Block Producers (BP) get rewarded from transaction fees, as opposed to traditional block rewards - which means token supply can’t be inflated.
The DPoS (Delegated Proof of Stake) blockchain is adopted by FIO Protocol, suitable to manage the high throughput requirements of the network.