Trade Mining

Overview

Trade mining, often referred to as “trading-fee mining” is the process of using trading fees to reward the community. Every time you trade NFT on Gbox, you will get a certain percentage of $GBOX tokens as rewards, and you can manually claim these $GBOX tokens.

The purpose of trade mining is to attract users who have real trading needs to use the Gbox platform or join the Gbox DAO. We will also take into account the impact of token inflation and reasonably control the release speed of mining rewards.

Rules

Gbox initially plans to use up to 50% of $GBOX tokens for trade mining and release them in multiple stages. The amount of the token reward is determined by the price of the token and the transaction volume of the user.

The purpose is to reward $GBOX to all real users and encourage them to participate in community governance to bring more users to Gbox.

Trade Mining is expected to be launched in the form of community voting in February 2022. Prior to the official launch, any community user is able to submit their ideas in the community.

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