Genshiro

Genshiro

Genshiro GENS Rank #3885

Walkthrough Genshiro (GENS) Token. What is it, price and risks

Genshiro Exchanges

Exchange Market Pairs Buy
KuCoin BTC/USDT Buy here
Gate.io BTC/USDT -
MEXC LTC/USDT -
Hotbit PPC/USDT -
BKEX SYS/USDT -
What is Genshiro (GENS)? Genshiro is Equilibrium's one stop shop for DeFi in Kusama that can do everything existing DeFi primitives do, but with less risk and cross-chain.GENS is the native utility token used as: a reward for validators/contributors that run blockchain nodes and perform parallel work a means to pay interest/transaction fees a means to pay interest/transaction fees ransom and collateral liquidity into Kusama-based liquidity pools (when tokens gain value) a token of governance How many GENS coins are in circulation? The total supply of GENS in Kusama is 1.2 billion tokens. Let's look at the allocations below: 45% Lockdrop for EQ holders 5% EQ Participation Bonus (additional rewards for those who participated in alockdro) 15% Liquidity Farming 20% ​​Kusama IPO Rewards 15% Treasury (coverage of extreme losses in case of "black events "Swan") Do not hesitate to consult our GENS Tokenomics: https://genshiro.equilibrium.io/docs/genshiro-tokenomics.pdf Who are the founders of Genshiro? Since Genshiro is a Canary network of Equilibrium, the founder and CEO is Alex Melikhov. Alex is an engineer in applied mathematics by training. Before blockchain, he worked on fintech projects. The current team has been working together since 2017 based on Ethereum in the past. In The team started developing EOS in 2018. In April 2019, the team launched the first EOS-based decentralized stablecoin as the first product in the Equilibrium product line, called ada EOSDT. Today, EOSDT is the most liquid decentralized stablecoin and the largest DeFi project on EOS, with over $14 million in total value locked in our smart contracts and over 1,000 user positions generated. Now the team is developing Polkadot and Kusama to achieve true cross-chain interoperability and transform Equilibrium and Genshiro into a true DeFi one-stop shop. Where can I buy GENS? GENS is available for trading on a growing number of exchanges: [Kucoin] (https://trade.kucoin.com/GENS-USDT) [HotBit] (https://www.hotbit.io/exchange?symbol=GENS_USDT) BalconeBKEX] (https://www.bkex.com /trade/GENS_USDT)