Grinstep Whitepaper
  • 🖌️Overview
  • INTRODUCTION
    • Getting Started
    • Game Modes
    • Sneakers
    • Shoe-Minting
    • Gems and Sockets
  • Game-fi
    • Earning Cap/Mechanics
    • Energy System
    • Enhancement System
    • Fusion System
    • Mystery Box System
    • Quest System
    • Tax and Fee System
  • Marketplace
  • Tokenomics
    • Tokenomics
    • GFT
    • GHT
    • Governance & Ecosystem fund
    • Privacy Policy
    • Security Statement
    • Getting Help
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On this page
  • GFT Burning
  • Voting Power
  • Ecosystem Fund (Treasury)
  • Marketing Expenditure
  1. Tokenomics

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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Last updated 1 year ago