Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
This project has several noteworthy features. The most core aspect is its deflationary model—each transaction incurs a 3% fee from both buyers and sellers, and all these fees are used for automatic buybacks and burns. The mechanism is fully automated on the blockchain with no human intervention. As circulating tokens are continuously burned, scarcity will become increasingly prominent, and a long-term situation where one coin is hard to obtain is foreseeable.
On the governance level, the entire system operates in a truly decentralized manner, not relying on any centralized entity. From the distribution of token holders, early participants are relatively dispersed, with no obvious large-scale monopolies. This healthy structure can reduce risks.
The project has gathered a group of consensus participants who are working together to promote development. The logic here is straightforward—there's no power for the project team to exploit users; no one can exploit others unless they self-destruct. This transparency is indeed an advantage compared to many other projects.