2024-12-24T16:42:33+0800

Tim Hakki Last updated: April 4, 2024 11:19 EDT | 3 min read Gamified green staking has arrived with Green Bitcoin A new eco-friendly Bitcoin alternative called Green Bitcoin (ticker: GBTC) is getting listed on Uniswap at 1PM UTC Thursday, April 5, 2024, ahead of a major update and CEX listing in the following days. Eco-friendly Bitcoin alternative Green Bitcoin (GBTC) raised a tidy $9.6 million over a month-long ICO that has just ended. Now, the team is bringing its innovative predict-to-earn staking protocol, aka “gamified green staking”, to the wider public through a listing on popular decentralized exchange (DEX) Uniswap, before a centralized exchange (CEX) announcement the following week, April 10. Details on the nature of the CEX listing are thin at present, but the token will begin trading on the CEX the day after the announcement, April 11, before a major update to the gamification protocol on April 18, 2024. There’s nothing else out there quite like Green Bitcoin, so it can appear obscure to anyone not familiar with DeFi’s various staking-generated rewards systems. How it works is simple: to claim daily $GBTC rewards, users have to buy $GBTC tokens, stake them on the protocol, and play the price prediction game. Users then make daily predictions on Bitcoin, for instance, whether it will go up or down within 24 hours. Every 24 hours, those that predicted correctly earn a share of rewards from the daily staking reward pool proportional to the amount of $GBTC tokens they staked. Holders can stake tokens for up to six months to earn bigger rewards. Staking is also a fundamental part of Green Bitcoin’s tokenomics. By reducing GBTC’s circulating supply, staking helps drive the price over the long term. GBTC is Literally Greener Than Bitcoin. The $GBTC token has a circulating supply of 21 million, a clear nod to its inspiration, Bitcoin. Having a cap on the number of tokens in circulation creates value by ensuring scarcity. However, Green Bitcoin sets itself apart from the world’s favorite cryptocurrency (according to market capitalization) by its greener energy consumption. To start with, $GBTC is on Ethereum, which uses a Proof of Stake (PoS) consensus mechanism, meaning Green Bitcoin token is cleaner and more efficient than its namesake. It consumes just... https://cryptonews.com/news/green-bitcoin-launches-on-uniswap-dex-announces-imminent-cex-listing.htm #crypto #bitcoin #ethereum #cryptocurrency #news #blockchain #litecoin #cryptonews #cryptonewstoday #cryptoworld #cryptoworlddaily #gbtc #gbtcnews #gbtcnewstoday #greenbitcoin #greenbitcoinnews #greenbitcoinnewstoday #staking #stakingnews #crypto ***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT! This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research. bitcoin, blockchain, crypto, cryptocurrency, altcoin, investment, ethereum, bitcoin crash, xrp, cardano, ripple