Tokenomics

GEMMA Token

GEMMA tokens will be built based on the GEMMA Network. The tokens will serve as governance and utility tokens. In the process, it is connected to other exchanges and serves as a utility token with payment functions on various GEMMA planets. The GEMMA token as a governance token grants voting rights to various events and developments within the GEMMA planet. This may be related to development documents such as verifier node compensation rates, swap costs in the GEMMA Blockchain, transaction fees or soft fork and hard fork schedules, or may be determined within the GEMMA planet, such as swap costs in the GEMMA DEX and Farm interest rates.

In addition, GEMMA calculates the voting size by the holding period x the number of GEMMA tokens, breaking the formula of 1 GEMMA token = 1 voting right to solve the power concentration phenomenon by several holders. Through this, long-term holders are given the opportunity to exert greater influence depending on the retention period, and a virtuous cycle structure can be expected. The GEMMA token as a utility token functions in staking interest, farming compensation, NFT minting at Crypto Stone, multiple GEMMA payment systems, and NFT games.

Tokenomics