GT Benefits and Ecosystem

GateChain
2 min readSep 21, 2019

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Gate.io will leverage its strengths and strong influence in the Blockchain industry to promote the GT ecosystem including but not limited to the following:

1) GT will be the main currency of the GateChain network, supporting the infrastructure of GateChain, paying the network transfer fee.

2) Gate.io will distribute 200 million GT mining outputs as the GateChain PoS mining reward to GT holders

3) Projects that publicly raise funds on the Gate.io platform must use GT and lock the GT they have raised.

4) Projects that published private sales information must hold and lock GT.

5) Gate.io centralized trading platform still maintains the principle of not accepting the listing fee but right now request some listed projects to hold and lock GT; this information is transparent to the public.

6) GT is the base currency and transaction fuel fee on GateChain’s decentralized trading platform.

7) On the decentralized trading platform, projects will be charged a GT listing fee or require locking GT according to project conditions; this information will be transparent to the public.

8) GT can be used as the payment currency on the Gate.io platform, such as the monthly fee for VIP purchases.

9) Gate.io will allow projects in the future to release project tokens on the GateChain main network.

10) Gate.io VIP promotion will be impacted by the volume of GT held in trading, in addition to the trading volume.

11) Gate.io can repurchase GT in the open market to establish a security legal fund.

12) Gate.io will provide technical and financial support for GT and the decentralized trading platform as a mainnet asset.

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GateChain
GateChain

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