Tokenomics

Token Utility

GemSwap as a native utility token can be used for:

  • Unlocking more advanced trading functionalities.

  • Sharing revenues from transaction processing fees.

  • Participating in governance voting.

  • Participating in staking and farming

Token Allocation

See the banner bellow

Initial Circulating Supply

The only initial circulating supply of $GSP token will be the Fifty Percent of the presale token which will be released after end sales and the rest linearly released monthly over six months.

Fund Raising

GemSwap will raise funds through public sales, Ten percent of GSP total supply has ben allocated for this in form of presale. This funds will be used to provide liquidity upon listing of GSP token on DEx.

Liquidity

Tokens for liquidity are locked over 48 months after the Token Generation Event.

Airdrops

The airdrops tokens are for the community engagement, It will be distributed to eligible participants after the allocated period of event, will be communicated to with the community.

Community Reward Program

This is a periodic event where we give back to our active users from time to time

Team Token

Team token will be locked for two years and release quarterly over 48 months.

Marketing/Foundation/Ecosystem Dev Funds

These will be released according to the DAO voting for marketing and ecosystem developments.

Buy Back And Burn

BEP-95 was introduced on October 22nd, with the goal of speeding up Binance’s burn process and further decentralizing the network. We will implement the new BSC real time burning mechanism and 7.5 percent of total GSP token will be burn automatically, quarterly.

Secondly we will also be buying back quarterly until 7.5 percent of total GSP token will completely bought back from the open market.

GSP TOKEN RELEASE CURVE

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