What is GT?

_{What is Gate Token (GT)?}

Gate Token (GT) is a digital coin created by the Gate.io platform, a digital asset exchange.
Utility Gate Token is primarily used to pay transaction fees on the Gate.io platform.
Users can use GATE Token to pay trading fees and participate in various events and promotions on the platform.

_{Native Blockchain:}

Gate Token (GT) has its own native blockchain, GateChain, which is a blockchain developed by the Gate.io team.

_{Protokola Konsensus:}

Utilizes a Proof-of-Stake consensus system where Gate Token holders can place their coins on the network (Stake).
To help verify the authenticity of transactions and earn rewards in the form of Gate Token coins.

_{Trilemma (Security, Speed, Scalability)}

Seguridad:The accounting system allows users to set a waiting time for a delayed transaction.
Vault accounts also have a data purge mechanism to prevent the loss of private keys and revocable transaction features to prevent private theft.

Hastighet:With a transaction speed of 2,745 transactions per second, GateChain is almost 200 times faster than Ethereum

Scalabilità:Designed to support high levels of expansion while maintaining transaction security and efficiency

_{Found/Date Founded:}

GateToken was created by a team ofGate.ioWhich is one of the famous cryptocurrency exchange platforms.
Officially launched on March 2, 2020.

_{Objective/Use Case:}

GT Token is intended in the field of fee reduction, users can use GT Token to reduce fees on various transactions on the platform.Gate.io,
Generating returns from staking to receive returns or rewards in the Gate.io system, DeFi system support is used to participate in special events or promotions.
held on the Gate.io platform

_{Total Supply/ Limit or Unlimited:}

GT Token theres Totale voorziening wholly 300,000,000 tokena

_{Supply Deflation:}

Burned since launch, 43.61% of the supply is in actual circulation and a total of 10% is in the Gate.io repository.
Use 15% of the total operating profit to buy the Gate Token back from the market for incineration.
AND 5% FOR MARKETING AND ECOLOGICAL PURPOSES, GT R&D MAKES A TOTAL REPURCHASE OF 20%.

_Source:

www.coinex.com

https://coinmarketcap.com/currencies/gatetoken/

www.gate.io

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