System tokens are tokens native to Ace Network. They have existed on the network network since its launch, and unlike assets do not require issuer or trustline.
"Native" - means that the token is an integral part of Ace Network.
There are three system tokens in the Ace Network:
- Ace Byte (XAB) - Ace Netwok's basic system token
- Ace Time (XAT) - algorithmic utility token
- Ace Stream Token (AST) - Ace Stream DAO protocol and asset management token
One token/coin is a unit of digital currency like bitcoin (BTC), lumen (XLM), ripple (XRP), etc.