After the successful public sale and subsequently listing $GDEFI on Uniswap per our roadmap’s timeline, it is time to keep pushing the tempo. As a community-led decentralized economy, members should do a better job of comprehending the tokenomics of the GDeFi ecosystem.
A thriving community offering sustainable rewards to its members depends on how members understand and employ the tools available to them. GDeFi’s mission is to build a participatory community where every voice counts, leading to token growth and long-term benefits.
Hence, in the end, we aspire to be the most flourishing platform where incentives bring out creativity and innovation. It is more reason why under our governance model, members can vote even with one $GDEFI.
What Is Tokenomics?
Crypto or Token Economics is another title for tokenomics, which relates to how currencies function within their immediate environment based on distribution guidelines. These are Mechanisms like token allocation, supply and demand components, and how its utilization can incentivize emphatic practice in the network.
It is a guideline facilitating transparency and monitoring of the monetary supply structures. Tokenomics is regarded as crucial in Cryptoshere, considering its values ultimately define the growth path.
Further, this is an indicator for investors and speculators in ascertaining the application of the token in the network. It is a medium to distinguish whether there is a definite relationship between usage of the platform or service deployed and the asset.
At GDeFi, we believe the climax of a project depends on a solid concept of tokenomics. Hence, we have designed one of the most prudent theories in the Crypto industry combined with the numerous utility of $GDeFi to manage the Global DeFi platform.
The GDeFi token distribution takes into consideration the long-term interest and sustainability of the project. Our goal is a consistent process that will ensure community members accrue the benefits they merit.
In all, there will be a one million total supply of $GDeFi tokens in circulation. Below are the distribution ratio and the rationale behind them:
Liquidity: Thirty-Two (32) percent of the entire supply, representing three-hundred and twenty tokens, is dedicated to liquidity. These tokens will go on Uniswap, and later our native Globalswap DEX and other centralized exchanges we will list $GDeFi.
Development: At GDeFi, we hold the advancement and the future improvements of the ecosystem very seriously. In fulfillment of this objective, twenty (20) percent representing 200,000 of the token supply is solely to advance the project in a long-haul strategy supervised by innovations.
Staking And Farming Rewards: Staking and Farming on the GDeFi platform is a prominent feature. Therefore 180,000 tokens, which is eighteen (18) percent of the entire supply, are set aside for the smooth running of these services.
Team And Advisors: The team and advisors, whose role is to lead GDeFi to a Decentralized Autonomous Organization (DAO) while steering its day-to-day affairs, has an allocation of ten (11), stewarding a total of 110,000 $GDEFI. These earmarked funds will take care of salaries and advisors’ remunerations.
Marketing And Partnerships: Needless to say, marketing and forging partnerships in a project of this nature is pretty instrumental to accomplishing impressive results. We are committed to realizing that with our community and have set aside ten (10) percent of the token supply to open more doors for users of the platform.
Research And Development: GDeFi believes in research and development as a tool to being on top of the game. Towards this direction, two (2) percent of the allocation is for this imperative purpose.
Reserve: For the future wellbeing of our growing and hard-working community, there is the need to have a backup arrangement. We didn’t disappoint as we have three (3) percent of $GDEFI in reserves that the community alone can decide what to use it for when the need arises.
Rewards: Rewards encourage community members to take part in the entire process of the project. This system is an integral part of our community, with GDeFi periodically rewarding those who participate in the two-tier governance processes and community advancement.
It is a model that allows voting, proposing a concept/ideas/features, debating on proposals, identify bugs, contributing codes, and providing Proof of Concept (PoC). Accordingly, four (4) percent of the allocation representing 40,000 tokens cater for the two levels of Community and Governance Rewards.
GDeFi has one f the most pragmatic tokenomics that pinpoints expansion through cooperation and the utilization of the native token in its marketplace. Learn more about the $GDEFI economy in our Light and Whitepaper.