The tokens give a 10% discount to customers paying for space, and are an easy way to send payouts to SNOs without the hassle of dealing with fiat on a global scale. It seems to be working well: STORJ can keep recycling the existing supply forever… now that they’ve reached a scale to be profitable.
Maybe one day they’ll want the predictability and lower-tx-cost of something like Base USDC for payouts: but that’s something they could offer in addition to STORJ. But what they have now works - so there’s not a strong reason to change.
We’ve been lucky to mostly avoid the speculation that comes with some projects that use crypto tokens. Most customers pay in fiat, and the token has no direct link to the profitability of the company… so the number-go-up crypto-bros have left us alone 