Description
GreenLend is an eco-friendly Lending and Savings protocol built on the Energy Web and BSC networks.
The GreenLend Token (GLend)
GLend is the native utility token of the GreenLend protocol. The token will have multiple use cases for governance, platform utility, and much more. It is initially a BEP20 token but a migration to the Energy Web blockchain will be done shortly after the launch.
Dual Income Streams
$GLend provides an automatic dual stream of passive income for holders.
Inflation pays you, which means that the increased supply of $GLend is instantly distributed and reflected in the holders balance.
?Additionally, a tax and burn mechanism is applied.
2% of each transaction is instantly and equally split between the $GLend token holders and a burn.
Inflation/Deflation Ratio
Inflation is inversely proportional to volume, which means that when volume is high, the burn rate will exceed the inflation rate, thus reducing the supply of tokens.
Market Rank
In the dynamic and ever-changing landscape of cryptocurrencies, GreenLend has established itself as a formidable player. It is currently ranked #5,113 in the cryptocurrency market based on its market cap. This ranking reflects the trust and confidence that the market has in GreenLend as a viable digital asset.
Buy & Sell Taxes
When trading GreenLend, it is important to consider the buy and sell taxes associated with each transaction. The buy tax for GreenLend is 0.02%, while the sell tax is 0.01%. These taxes could potentially affect your overall returns, so it's crucial to factor them into your investment strategy.
Tokenomics
The tokenomics of GreenLend consist of a total supply of 110,408,690 tokens, out of which 110,388,730 tokens are currently in circulation. Understanding the tokenomics is crucial for potential investors, as it sheds light on the token's distribution and availability, which can directly impact its value and demand in the market.
Wallet Support
In order to securely store your GreenLend tokens, you can use a variety of wallets such as Trust Wallet, MetaMask, SafePal, Coin98. These wallets provide a safe environment for managing and storing your digital assets. It's essential to select a wallet that supports the specific cryptocurrency and offers a high level of security, user-friendliness, and compatibility with your preferred devices.
Popular Exchanges
To buy, sell, or trade GreenLend, you can use various popular exchanges such as ArkenSwap, Trader Joe. These platforms offer a seamless experience and allow you to manage your investments in GreenLend with ease. Always remember to conduct thorough research before choosing an exchange, as the security and reliability of the platform are crucial for your digitalassets.
