What is Gforce?
Frictionless Passive Yield.
GFORCE is a frictionless passive Yield token with adjustable rewards rates that splits the transaction to multiple endpoints using dual balance tables to ensure holders of GFORCE get rewarded automatically. The frictionless passive yield is a secure gas-free yield generator.
The passive yield is achieved with a 3% transactional tax and automatically distributes the fee to GFCE holders.
These measures ensure that every holder of GFORCE will passively earn GFORCE as long as there is transactional volume on-chain. Standard passive fees are rewarded automatically and do not require harvesting or contract transactions by users to gain more Gforce. Gforce fees are even earned while in a liquidity pool with another token in an AMM (Automated Market Maker). This allows for multiple avenues to earn additional yield from GFORCE.
The smart contract allows the passive yield to be adjusted between a minimum value of 0.0% and a maximum value of 5%.
Double Earnings when providing liquidity
Providing GFCE to an LP pair earns the user double rewards. AMMs charge swap fees typically between 0.2% to 0.3% to buy or sell tokens on their exchange. LP holders receive a portion of the swap fee as an incentive to add liquidity to the pool. GFCE holders also receive additional GFCE from the frictionless passive yield feature built into the contract.
Whitelisted Feature
A common problem facing transactional tax tokens like GFORCE is the difficulty of listing on a CEX or centralized exchange. Many exchanges will move tokens between their hot, cold, and users wallets during their daily operations. The tax on these tokens reduces the amount the exchanges hold, thus, creating accounting issues for the exchange and the users.
GFCE v1 had a whitelisting feature that allowed the sending address to bypass the transactional tax. However, users who sent to the whitelisted address had to pay the transactional fee. GFCE v2 includes the ability to remove the transactional fee on both the sending from the whitelisted address and removes the fees when GFCE is sent to the whitelisted address. This opens up a number of opportunities for GFCE that were unavailable in v1. One of the first benefits of the new whitelist feature is single staking GFCE is now available at Jetswap!
About BitMart
BitMart Exchange is a premier global digital assets trading platform with over 5 million users worldwide and ranked among the top crypto exchanges on CoinMarketCap. BitMart currently offers 370+ trading pairs with one of the lowest trading fees in the market. To learn more about BitMart, visit their website, follow their Twitter, or join their Telegram for more updated news and promotions. Download BitMart App to trade anytime, anywhere.
About Gforce
GFORCE is a frictionless passive Yield token with adjustable rewards rates that splits the transaction to multiple endpoints using dual balance tables to ensure holders of GFORCE get rewarded automatically. To learn more about Gforce, please visit their website, follow their Twitter and join their Telegram.
