Honiton, United Kingdom, Jan. 02, 2023 (GLOBE NEWSWIRE) — This experienced team aims to provide users with the ultimate tool to securely store, trade and manage digital assets. The deflationary aims to increase the value of GDCC over time.
Promote an ambitious deflationary model
The team perfectly describes their deflation system on the project’s website. Namely, the team engraved a burning mechanism on their tokens to gradually reduce their number, which creates higher demand and scarcity.
Thus, it acts as a deflationary model and will drive up the prices of GDCC coins. The burning process is part of the transaction fee system, which applies when a user transfers tokens.
The project’s smart contract will take care of burning half of the gas tax for each transaction. Consequently, GDCC coins gradually decrease in number, building a sort of “price floor” and providing incentives for long-term investors.
Many projects, such as Binance and Huobi, have adopted a burning mechanism for their respective tokens. The GDCC team made the burning process more aggressive than these two. The strategy represents a great way to keep the price stable and secure future returns for its investors.
The project’s broad ecosystem
The GDCC lists several elements that are part of the wider ecosystem. Specifically, investors in this project can expect the following:
1. A secure and reliable blockchain network that provides a platform for hosting various decentralized applications (dApps) and services.
2. Smart contracts that enable users to perform transactions and store data securely on the blockchain.
3. A decentralized exchange (DEX) that enables users to trade digital assets in a trustless environment.
4. An Auto-Market Maker (AMM) that enables continuous liquidity for digital assets.
5. A stake platform to participate in consensus and receive rewards for their contributions.
6. Yield Farming opportunities that allow users to generate additional income by providing liquidity on the network.
7. A metaverse dimension, which gives people a chance to build and explore their digital worlds.
8. An NFT (Non-Fungible Token) marketplace, which allows users to buy and sell unique digital assets with real-world value.
These components provide investors with a wide range of opportunities to benefit from the project while creating a secure environment. With this project, users can explore a whole new world of DeFi and take advantage of the returns from this industry.
On top of this structure, the team has listed several features that will characterize this project. Specifically, here are the highlights of the GDCC platform:
1. Robustness: The platform is very secure and robust, thanks to smart contracts.
2. High compatibility: The network is compatible with the Ethereum Virtual Machine (EVM), allowing programmers to easily deploy their dApps on the blockchain.
3. Cross-chain functionality: The team guarantees a smooth connection across different blockchain networks and unifies them under one roof.
4. Lower Transaction Fee: GDCC requires a minimum gas fee for all network transactions to address the scalability issue.
5. High-speed transactions: The platform enables fast transactions and ensures that users can quickly transfer digital assets across different networks.
6. Featherweight architecture: The project has a simple architecture that minimizes resources while maximizing performance.
About GDCC
Global Digital Cluster Coin (GDCC) is a decentralized digital exchange and payment system that uses blockchain technology. It will introduce the GDCC-20 token standard, a smart contract-based system used to create and issue digital assets.
This will enable users to easily and securely trade digital assets such as cryptocurrencies, tokens, stocks and other financial instruments.
With its upcoming listing on Koinbazar, the project will gain more visibility and attract more investors worldwide. This can increase the user base and create more opportunities to benefit from the returns from this platform.
GDCC has already integrated Hopium DEX, the Muzella NFT marketplace and the Global Digital City metaverse into its ecosystem. Furthermore, the team released a stablecoin, GUSD, linked to the digital dollar at a 1:1 ratio, and a blockchain explorer.
Anyone curious about GDCC should refer to the official website and social media channels.
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