Governance & Ecosystem fund
GFT Burning
All GFT users spent in the app are burned daily from the Spending Account, contributing to the token's deflationary mechanism and increasing it's worth.
Team's Profit
To support the operation and development of Grinstep, a portion of the Platform Fee and Royalty Fee (at least 5% of the team's profit) is allocated to the Ecosystem fund. The team's profit is collected on a daily basis.
Voting Power
By locking the staked GHT, users will gain higher voting power.
Locking Period | Weight |
---|---|
1 month | 1 |
3 months | 4 |
6 months | 8 |
1 year | 16 |
2 years | 32 |
3 years | 64 |
Ecosystem Fund (Treasury)
Every month, 0.3% of the total supply GHT will be unlocked to support building Grinstep's global ecosystem. Unspent GHT will be held in the Grinstep treasury.
Marketing Expenditure
3.6 million GHT will be used for monthly marketing expenditure from the vested Ecosystem Fund.
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