GGMT
Last updated
Last updated
GGMT (GGM token) - a deflationary utility token (ERC20) with a fixed supply represented on-chain:
not in-game resource
utility token
used as a payment method for buying and selling in-game assets as NFTs on the ggmPortal (internal NFT marketplace)
used as a loyalty token by ecosystem partners to get preferences on GGM services
used in GGM Liquidity protocol for NFT assets pricing procedures
staking rewards
NFT farming
votings on protocol parameters
GGMT positive pressure:
GGM Liquidity pool inflows - Liquidity providers purchase GGMT to get the incentives
Royalty - conversion from received liquid assets into GGMT
Burning - 1% of liquidity providers volume
Burning - 20% of all NFT royalties
GGMT staking to get rewards from the staking fund GGMT staking to get rewards for markup votings
GGMT staking to farm/boost NFTs with unique in-game utilities
GGMT staking to get the opportunity to submit NFTs for markup protocol procedures
GGMT negative pressure:
GGM Liquidity pool redeems of GGMT by the NFT holders
GGM markup protocol redeems of GGMT by the NFT holders
GGM Vault (liquid part in GGMT) outflow
Staking rewards
Voting rewards