Galaxy Market-Making Foundation Unveils GLT Coin to Revolutionize Pledge Mining and Digital Governance

6 months ago 5

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Following efforts to transform decentralized autonomous organizations (DAOs) and redefine pledge mining within the Binance Smart Chain ecosystem, the Galaxy Market-Making Foundation is set to make a buzz in the blockchain sector as it announces the launch of its GLT coin.

This development marks a crucial milestone for the Galaxy ecosystem as it tends to push the Galaxy market-making foundation a step closer to achieving its mission to foster a fair, open, and innovative digital landscape.

Designed with a unique approach, the GLT coin features zero pre-mining, which allows users to exclusively acquire the token through the pledge mining mechanism on the Galaxy ecosystem platform. This ensures its rarity and fosters a fair, competitive environment. Notably, this method reinforces the foundation’s commitment to decentralized governance.

GLT Coin and Its Unique Features

Due to its design, the GLT coin operates on a locking mechanism, which allows users to lock their tokens for a specified period to earn profits directly on the blockchain. This setup emphasizes long-term engagement and earnings for users, solidifying their role within the Galaxy DAO community and setting GLT apart from traditional cryptocurrencies.

Aside from its governance capabilities, GLT coin serves various roles within the digital economy. It facilitates voting and decision-making and acts as an identity credential. Token holders enjoy exclusive benefits such as priority investment rights, airdrops from strategic collaborations, and unique dividends from the Galaxy Foundation. Moreover, GLT coins are usable across various applications, including paying for investment reports, educational courses, and transaction fees in ecosystem products like DeOTC, Dex, and Swap.

Furthermore, with a capped total supply of 2.1 million and 2 million reserved exclusively for acquisition through pledge mining, GLT tokens ensure scarcity to secure their value and enhance appeal. This structured scarcity is designed to attract long-term investment, bolstering confidence in the token’s future valuation.

Nonetheless, the release of the GLT coin is expected to introduce new dynamics to the (DeFi) landscape. As Galaxy DAO continues to innovate in blockchain technology, it aims to offer enriched digital asset value to users, setting new standards in pledge mining and governance. Notably, the global adoption of GLT highlights its appeal and robust growth. Its international appeal spans from Dubai to Denmark and Brazil to Japan. Coupled with its upcoming listing on PancakeSwap in May, the value of GLT is expected to surge significantly.

Since March 6, 2024, the Galaxy Market-Making Foundation has undertaken extensive global community development, drawing interest worldwide and expanding its member base across numerous countries. A liquidity pool of 100,000 GLT tokens, paired with $500,000 in funds, is set to be established on PancakeSwap, aiming to enhance voting and dividend rights and foster a fairer and more inclusive investment ecosystem.

With GLT’s current trading price reaching $11.5 on Galaxy DAPP—an impressive 11.5-fold increase from its initial mining price—the crypto community is optimistic about its performance post-PancakeSwap listing. This initiative promises substantial returns for Galaxy members while contributing to the vibrancy and sustainability of the broader crypto ecosystem.

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