What chain does GateToken belong to? What chain does GateToken belong to?

GateToken (GT) is a native cryptocurrency based on the GateChain blockchain. GateChain is a proof-of-stake (PoS) blockchain with features such as fast throughput, low transaction fees, and on-chain governance. The main functions of GT include participating in governance decisions, staking to secure the network and earn rewards, and paying transaction fees on GateChain.

What chain does GateToken belong to?

GateToken (GT) belongs to GateChain, which is a public area based on the Proof of Stake (PoS) consensus mechanism Blockchain.

GateChain Features:

• High throughput and low transaction fees
• On-chain governance and voting mechanism
• Supports multiple crypto assets and smart contracts

What is GateToken

GateToken (GT) is GateChain The native token has the following main functions:

• Governance: GT holders can participate in GateChain’s governance decisions and vote for or against proposals.
• Staking: GT can be used for staking to help secure the network and earn rewards.
• Usage: GT can be used to pay transaction fees on GateChain, such as smart contract deployment and transfers.

Steps to use GateChain

Using GT on GateChain involves the following steps:

• Create a GateChain address: in Gate.io or a compatible wallet Create GateChain address.
• Deposit GT to GateChain address: Transfer GT from an external wallet or exchange to your GateChain address.
• Participate in governance: Use your GT to participate in voting and influence the development direction of GateChain.
• Staking with GT: Stake your GT to the GateChain staking pool to earn rewards and support network security.
• Pay transaction fees: Use GT to pay fees when transacting on GateChain.

Which chains does OKX support?

OKX, as a leading cryptocurrency exchange, supports a variety of blockchains, including:

• Bitcoin (BTC )
• Ethereum (ETH)
• Tether (USDT)
• Binance Coin (BNB)
• Solana (SOL)
• Polygon (MATIC)
• Avalanche (AVAX)
• GateChain (GT)

FAQ

Q: How is GateChain different from other blockchains?

A: GateChain utilizes a PoS consensus mechanism that emphasizes governance and staking, while other blockchains may use different consensus mechanisms or focus on different use cases.

Q: What is the value of GT?

A: The value of GT is driven by supply and demand, usage of the GateChain network, and expectations for future development.

Q: How to get GT?

A: GT can be purchased through Gate.io exchange or DEX that supports GateChain. You can also earn GT by staking other assets or participating in GateChain community activities.

市值	US,321,289,769
完全摊薄估值	US,534,986,381
24小时交易量	US,997,496
流通供应量	125,815,473
总供应量	300,000,000

The above is the detailed content of What chain does GateToken belong to? What chain does GateToken belong to?. For more information, please follow other related articles on the PHP Chinese website!