Topic: Only Projects with a Clear Economic Model Owns a Remakable Potentia to Boom (Read 48 times)
September 06, 2021, 10:43:43 PM
I am a little interested in your project, but I need to learn more, you will continue to share, right?
September 06, 2021, 10:22:00 PM
PoC consumption mining Prosperity for all
Genesis will be the first real consumption mining public chain throughout the world. It uses original creation, proof of consumption contribution (PoC) rather than proof of work (PoW) or proof of stake (PoS) to build consensus mechanisms and economic incentives, and transform business profits rather than electricity costs into token value, rewarding all business ecosystem contributors.
Business profit GS token value
GS Token: The value target and equity certificate of each application links around Genesis Network;
Output calculation: “Dynamic Deflationary Supply Mechanism” — According to the actual business demand model, Exponential Decay Baseline × Floating Coefficient = Output of GS token at real time.
The Function of GS
Transaction Fees
Pay GS as the transaction fees when trading on the decentralized DEX.
On-Chain Gas Costs
GS will be paid as gas fee to enjoy all services and perform actions done on the chain.
Equity Certificate
As a certificate to enjoy all benefit generated by the token economy and the prosperous business ecology.
Pledge Lending
Pledge GS to participate in the commercial circulation and also consumption mining of stablecoin — GC
Participation in Governance
All nodes and ecological members holding GS can participate in the ecological governance of Genesis DAO, while these participants having the opportunity to receive governance rewards from the community.
Genesis will be the first real consumption mining public chain throughout the world. It uses original creation, proof of consumption contribution (PoC) rather than proof of work (PoW) or proof of stake (PoS) to build consensus mechanisms and economic incentives, and transform business profits rather than electricity costs into token value, rewarding all business ecosystem contributors.
Business profit GS token value
GS Token: The value target and equity certificate of each application links around Genesis Network;
Output calculation: “Dynamic Deflationary Supply Mechanism” — According to the actual business demand model, Exponential Decay Baseline × Floating Coefficient = Output of GS token at real time.
The Function of GS
Transaction Fees
Pay GS as the transaction fees when trading on the decentralized DEX.
On-Chain Gas Costs
GS will be paid as gas fee to enjoy all services and perform actions done on the chain.
Equity Certificate
As a certificate to enjoy all benefit generated by the token economy and the prosperous business ecology.
Pledge Lending
Pledge GS to participate in the commercial circulation and also consumption mining of stablecoin — GC
Participation in Governance
All nodes and ecological members holding GS can participate in the ecological governance of Genesis DAO, while these participants having the opportunity to receive governance rewards from the community.
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