Flow token is the native cryptocurrency of the Flow blockchain, designed for mainstream adoption with fast and low-cost transactions. It enables secure and decentralized execution of smart contracts, with flexible storage options and service protocols. Flow incentivizes key service protocols to infuse their tokens through a bonding curve mechanism with FLOW, the reserve asset for collateralized secondary tokens. The governance process of the Flow network includes both informal off-chain governance and on-chain voting as a signaling mechanism.