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Information

Data from
Issue Time
1970/01/01
Initial Price
US $ 0.00025972
Circulation/Max
0/100.00M
Dominance
0.00%
ROI --%
$0.00025972$0.01444363
Low · 2023/06/012023/06/01 · High

Information

What is $GIF?

$GIF represents the Governance token of Gif.Games.

By holding $GIF, you will receive various rewards based on the amount you hold. This reward system is known as Staking Tiers.

The staking tiers are as follows:

  • $GIF Governance: Requires a 15-day lock of 5000 tokens. By staking this tier, you become an influencer in the Gif.Games ecosystem. You can create proposals and vote on changes regarding current titles. Unstaking this tier does not incur any penalties.

  • $GIF Discounts: Requires a 30-day lock of 25000 tokens. By staking this tier, you get a 3% discount on all primary sales in any of our marketplaces. Unstaking this tier does not incur any penalties.

  • $GIF Revenue Share: Requires a 45-day lock of 100,000 tokens. The more you stake, the more you earn. 3% of all market sales contribute to a revenue share pool that is distributed among stakers of this tier. Earnings start from the beginning of staking based on your percentage of the pool. You can unstake and add more tokens at any time. However, if you unstake below 100,000 tokens, the penalty clock will reset.

Unstaking at different times incurs penalties as follows:

  • Before 15 days: 40% penalty
  • Between 15-30 days: 10% penalty
  • Between 30-45 days: 5% penalty

After 45 days, you can unstake without any penalties. However, if your stake drops below 100,000 tokens, the penalty clock will reset.

  • $GIF Early Access: Requires a 45-day lock of 100,000 tokens. By staking this tier, you gain early access and beta testing privileges for new game titles and features in our current games. The staking for Marketplace Discounts, Early Access, and Revenue Share with GIF tokens will go live in Q4 2021.

Answers

What is $GIF?

$GIF represents the Governance token of Gif.Games

By holding $GIF, you can enjoy various rewards based on the amount you hold. This is known as Staking Tiers.

The staking tiers are as follows:

  • $GIF Governance: 15-day lock of 5000 tokens. Become an influencer in the Gif.Games ecosystem by creating proposals and voting on changes to current titles. No penalties for unstaking this tier.

  • $GIF Discounts: 30-day lock of 25000 tokens. Receive a 3% discount on all primary sales in any of our marketplaces. No penalties for unstaking this tier.

  • $GIF Revenue Share: 45-day lock of 100,000 tokens. The more you stake, the more you earn. 3% of all market sales contribute to a revenue share pool that gets distributed to stakers of this tier. Earning starts upon staking and is based on the percentage of the pool you have. You can unstake and add more tokens at any time. The penalty clock only resets if you unstake below 100,000 tokens.

There are penalties for unstaking at different times:

  • Before 15 days: 40% penalty
  • Between 15-30 days: 10% penalty
  • Between 30-45 days: 5% penalty

After 45 days, you can unstake without any penalty. However, if you go below 100,000 tokens, the penalty clock will reset.

  • $GIF Early Access: 45-day lock of 100,000 tokens. Be the first in line to beta test and get early access to new game titles and features in our current games. GIF token staking for Marketplace Discounts, Early Access & Revenue Share will go live in Q4 2021.

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