GateToken (GT) is the native utility token of the Gate.io exchange and the GateChain public blockchain. It serves multiple functions within the Gate.io ecosystem, including trading fee discounts, early access to token sales, and participation in governance decisions. Additionally, GT is used for transaction fees and staking rewards on GateChain, which employs a Proof-of-Stake (PoS) consensus mechanism.



The tokenomics of GT are designed to support its utility and value within the ecosystem. Initially, 1 billion GT tokens were issued, but 700 million were subsequently burned to reduce the total supply to 300 million tokens. This deflationary approach is further supported by a token-burning mechanism, where Gate.io uses a portion of its profits to repurchase and burn GT tokens from the market, aiming to enhance the token's value over time.

$GT Spot trading link: https://www.gate.io/trade/GT_USDT
$GT token holding community, join to win amazing New Year 2025 gifts: https://www.gate.io/announcements/article/42532
✅ APP "GT Hub", one click to claim one-stop exclusive benefits: https://www.gate.io/announcements/article/42565

#GateOpinionQuest #GT
GT-2.19%
TOKEN-3.54%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
Precious_qtvip
· 01-16 11:36
Ambush 100x coin 📈 Ambush 100x coin 📈 Ambush 100x coin 📈 Ambush 100x coin 📈 Ambush 100x coin 📈
Reply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)