$ATTR is a native token of Attrace Referral Network. It is a utility and governance token, which gives token holders a right to participate in the network, govern the network and earn token rewards by staking.
$ATTR holders are incentivized to stake their tokens as security deposits to ensure that the network stays truthful and that the conversions are properly secured through the Validator Nodes. Performing a service to the network and behaving in an truthful way is rewarded by collecting the network fees, while bad acting is penalised by losing a stake in the network.
$ATTR token is enabling holders to access and use the network, by requiring that users pay utility fees for the services performed by the other participants in the referral chain. The utility fees incentivise participants to provide a required service to the network