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What is the issue volume of GT coins? One article introduces the application scenarios of GT coins
GT coins have a wide range of applications, including transaction fee payment, token staking, and exclusive investment rights.
Oct 31, 2024 at 08:06 am
What is the Emission Volume of GT Coins? Applications of GT Coins
What is the Emission Volume of GT Coins?
The emission volume of GT coins is 60 million, of which 30 million are used for market circulation and 30 million are used for project incentives.
Applications of GT Coins
GT coins have a wide range of applications, including:
1. Transaction Fee Payment
GT coins can be used to pay transaction fees on the Gate.io platform, which can enjoy discounts on transaction fees. The more GT coins you hold, the greater the discount you can enjoy.
2. Token Staking
GT coins can be staked on the Gate.io platform to earn additional GT coins. The annualized rate of return of GT coin staking is currently around 11.6%.
3. Exclusive Investment Rights
GT coin holders can participate in exclusive investment projects launched by the Gate.io platform. These investment projects often have high returns and low risks.
4. Voting Rights
GT coin holders can participate in the governance of the Gate.io platform. Through voting, GT coin holders can make suggestions on the development of the Gate.io platform and affect the decision-making of the Gate.io platform.
5. Exchange Cost Deductions
GT coins can be used to offset exchange costs. Users can use GT coins to deduct up to 80% of trading fees on Gate.io.
6. Platform fee payment
GT coins can also be used to pay some platform fees, such as withdrawal fees, listing fees, and underwriting fees.
Conclusion
GT coin is the native token of the Gate.io platform. It has a variety of applications, including transaction fee payment, token staking, exclusive investment rights, voting rights, exchange cost deductions, and platform fee payments. GT coins have a limited emission volume and can be obtained by participating in platform activities or purchasing them on the market.
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