Token utilization functions
Last updated
[ENG]【$GET】 Global Entertainment Token White Paper
Last updated
In addition to wallet, point and voting functions, GET platform will also offer other services available to GET holders. Expand the services will make all the process seamless from acquiring GET and participate in the ecosystem to consuming contents, and encouraging further users and projects participation.
The implementation of the staking function creates additional value for GET holders. Furthermore, the increase in long-term holders will result in the stabilization of the GET value and ecosystem.
Staking period: Short-term (1 month), medium-term (3 months) and long-term (6 months to 1 year) plans will be offered. Rewards increase with longer duration.
Rewards Design: Distribution of GET based on duration and quantity of staking. Bonus miles will be awarded for staking.
Unlocking: Tokens and rewards can be withdrawn at the end of the lock period. In case of mid-term cancellation, no reward will be paid.
The implementation of the DEX function will allow GET to be exchanged for other virtual currencies on the platform. Farming rewards will also be offered to GET holders who provide liquidity.
Offered pair: GET/USDT(ERC-20) *Planning to add more currencies gradually upon users’ requests.
