$GRT Token Is Getting Listed On The LCX Exchange
by LCX Team · December 6, 2024
We are happy to announce the listing of $GRT Token. Starting on Friday, 6th December, 2024 at 10 AM CET. LCX Exchange will support the $GRT…
We are happy to announce the listing of $GRT Token. Starting on Friday, 6th December, 2024 at 10 AM CET. LCX Exchange will support the $GRT Token. Deposits will start on – Starting on Friday, 6th December, 2024 at 10 AM CET. The trading pair $GRT / EUR will be listed.
What is $GRT?
GRT is the work utility token that coordinates data providers and consumers. GRT serves as a utility for coordinating data providers and consumers within the network and incentivizes protocol participants to organize data effectively.
Work Token Model
GRT will be an ERC-20 token on the Ethereum blockchain, used to allocate resources in the network. Active Indexers, Curators and Delegators can earn income from the network proportional to the amount of work they perform and their GRT stake. Total GRT supply at mainnet launch will be 10 billion tokens, and new token issuance in the form of indexing rewards will begin at 3% annually and is subject to future independent technical governance. More information about token distribution and technical governance will be released as we approach network launch.
Users can sign up for an LCX Account here
Start Trading $GRT
Launch LCX ExchangeDeposits: Friday, 6th December, 2024 at 10 AM CET
Pair Listing Details:
$GRT /EUR starting on Friday, 6th December, 2024 at 10 AM CET
How to deposit $GRT?
- Go to LCX Accounts > Wallet
- Scroll down to $GRT.
- Click on the “Deposit” tab next to $GRT.
- Your deposit address will be displayed on the screen.
- Send $GRT to this address.
This content is provided for informational purposes only and does not constitute financial, legal, or investment advice. The buying, selling, and trading of cryptocurrencies and digital assets involve significant risk and may result in the loss of your entire investment. Always conduct your research and consult a qualified advisor before making financial decisions. LCX is a regulated entity operating in accordance with the Liechtenstein Blockchain Act. It has approvals for roles including token generator, token issuer, and exchange service provider. LCX provides technology and compliance infrastructure for digital asset services.