What does GIB internal scheduling mean?
What does GIB internal scheduling mean? It refers to the token transfer on the
What does GIB internal scheduling mean? It refers to the token transfer on the Binance Smart Chain (BSC), where GIB is the governance token obtained through transactions. Like other projects, GIB can be used for voting, dividends, or as a token for ecological applications. According to the rules, users need to lock a certain amount of tokens to participate in the issuance and circulation of GIB. Based on the current price, the total quantity is approximately 100 million GIB.
So what does internal scheduling mean? It refers to the way GIB is used for voting or distributing incentives to GIB holders. (Note: If a project’s token has a timetable longer than 10 days), the total supply will reach 1 million tokens.
Therefore, the issuance of GIB will continuously change with the launch date of the main network, increasing at fixed time intervals until all holders are eligible to participate in mining in the network, thus achieving deflation.
This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/22590/
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Recommended articles
-
Arbitrum’s Momentum Continues to Build with its Expansion to Belgium
12:00-21:00 Keywords: Arbitrum, V God, Belgium, SVB Overview of important developments in the evening of March 17th Analysis based on this information:Arbitrum’s innovative Layer 2 scaling solution has been gaining a lot of momentum lately with its recent expansion to Belgium. The expansion is the result of a partnership between the blockchain infrastructure provider and V God, a blockchain consultancy firm. The move is aimed at helping to meet the growing demand for decentralized applications (dApps) in the country. Arbitrum’s Layer 2 protocol helps to address some of the scalability issues faced by the Ethereum network, which is currently the most popular blockchain platform for building dApps. The protocol enables faster and cheaper transactions, making it easier for developers to build dApps that can scale to millions of users. The expansion to Belgium is a significant move for Arbitrum as it comes at a time when the country is experiencing a surge in its blockchain and crypto industry. The country’s…
-
Citigroup Raises Target Price of Meta Platforms by 14.04%
Citigroup has reportedly raised its target price for Meta Platforms (META. O) from $228 to $260. Citi: Increase the target price of Meta Platforms from $228 to $260 Analysis based on this information:Citigroup, a multinational financial services corporation, has reportedly increased its target price for Meta Platforms (formerly known as Facebook Inc.) from $228 to $260. This reflects a substantial increase of 14.04% and highlights the confidence Citigroup has in Meta Platforms as a long-term investment prospect. Citigroup’s investment analysis suggests that Meta Platforms has maintained a strong market position in the social media industry, with its user base consistently growing over the years. Moreover, Meta Platforms has shown promising revenue growth and profitability, with total revenue in the third quarter of 2021 reaching $29 billion, a 33% increase compared to the same period in the previous year. The company’s net income in the third quarter was $9.2 billion, almost double the net income of $4.7 billion during the same…
-
Taiwanese Singer Huang Licheng’s Use of ETH and BAYCs Causes Stir in Crypto Community
It is reported that @ BitcoinEmber, an online analyst, tweeted that Huang Licheng, a singer from Taiwan, China, used up the ETH stored in Blur yesterday after …
-
ZKX introduces game-based community incentive plan to promote platform growth
According to the official news, ZKX, the first self-hosted perpetual contract agreement on Starnet, is launching a game-based community incentive plan to attra…
-
Tether Treasury Embraces TRON, Signaling Growth and Innovation
It is reported that according to Whale Alert data, Tether Treasury has cast 1 b
-
Unstop Domains Introduces AI-Generated Personal Profile Images
It is reported that Unstop Domains, a Web3 domain name provider, is introducing artificial intelligence (AI) generated personal profile images (PFPs) to enable users to enhance the
-
The Shocking Case of the “King of Cryptocurrency” Kidnapping in Canada
On March 27th, according to court documents submitted earlier this month, Aiden Pleterski, who claims to be the \”King of Cryptocurrency\” in Canada, was kidnapped, tortured, and ran
-
Web3 startup Junggl Media completes a new round of financing
It is reported that Junggl Media, a Web3 startup, has completed a new round of financing and invested in Northbrook Capital Startup Fund. The specific amount of financing has not y
-
What does Conflux use to mine (Flux mining revenue)
What does Conflux use for mining? According to official information, what does Conflux use for mining? Conflux Mining is a high-performance, secure, and scalable public chain developed based on the FISCOBCOS blockchain for decentralized applications Using smart contracts for transactions under the Fisco protocol; At the same time, realize the Double-spending function (multi signature); Execute transactions and obtain rewards by calling contracts; Additionally, by calling the crv. token function, CFX can be sent to the specified address in Conflux to support cross chain transmission; It can also be redeemed and stored on DAPP; At the same time, you can also create your own account and participate in the Conflux ecosystem construction Flux mining revenueAccording to official information, the Flux agreement will officially start liquidity mining on July 21, 2020. According to official information, the current mining revenue of FLUX is about 3.15%. Users need to mortgage a certain amount of FSN to participate in mining and obtain interest when using…
-
Strengthening Regulations on Encrypted Marketing: The UK’s Plan
According to reports, Sarah Pritchard, Executive Director of the Financial Conduct Authority (FCA) in the UK, stated at the London City Week meeting that she plans to strengthen re
-
OmniBOLT and Connect2Evolve Partner to Launch OBWallet Test Network Challenge
On April 5th, Omni BOLT opened the OBWallet testing network for public testing. OmniBOLT and Connect2Evolve (C2E) have reached a strategic partnership based on this public test and
-
The Crypto Market: An Overview of Whale Transactions
According to reports, according to Whale Alert monitoring, an unknown address at 15:19 (UTC+8) transferred 20 million CRVs (approximately $19 million) to Aave V2.
Transferring 20 m -
Coin On’s Option System Upgrade
It is reported that the option system upgrade notice issued by Coin On will be scheduled at 07:45 Beijing time on March 2. The upgrade will take about 3 hours,…
-
Introduction
On March 28th, it was announced that the lending market 0VIX had been launched on the Polygon zkEVM network, becoming the first DeFi protocol deployed on the Polygon zkEVM network.
-
LeBron James’ NFT card hits third highest transaction record on Sorare NBA platform
It is reported that LeBron James\’ \”LeBron 1/1 Unique Card\” NFT star card was auctioned in Sorare at a transaction price of 69165 US dollars, creating the third…
-
TITLE: Falling Dominoes: the Impending Collapse of the US Banking System
It is reported that the former Assistant Secretary of the Treasury of the Federal Reserve said that the Federal Reserve would have to stop its high interest rate policy because it was destroying the balance sheet of the financial sector. The US banking system is not safe because the risk exposure of its five largest banks is twice the global GDP. Due to the global interconnection, the US banking crisis will spread abroad. Former US Treasury official: The Federal Reserve will have to stop its high interest rate policy Analysis based on this information:KEYWORDS: Federal Reserve, Interest rate policy, Balance sheet, Risk exposure, Global GDP, Interconnection, Banking crisis, Collapse A former Assistant Secretary of the Treasury of the Federal Reserve recently sounded the alarm on the US banking system, warning that its high interest rate policy may be causing irreparable damage to its balance sheet. The issue with high interest rates lies in its impact on banks’ risk exposure. The…