The GreenLend Token (GLend)
GreenLend is an eco-friendly Lending and Savings protocol built on the Energy Web and BSC networks. 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 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.
- 10 Best Cryptocurrencies in December 2021
- 50 Best Cryptocurrencies in December 2021
- 100 Best Cryptocurrencies in December 2021
- 200 Best Cryptocurrencies in December 2021
- 250+ Best Cryptocurrencies in December 2021
Disclaimer: All content provided on Madeforbitcoin.com, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured primarily from third party sources. We don’t give warranties of any kind in relation to our content and services (such as token swap functionalities). Any use or reliance on our content and services is solely at your own risk and discretion. Be advised, please conduct your own research, review, analyze and verify our content and services before relying on or using them. Trading is a highly risky activity that can lead to major losses, please, therefore, consult your financial advisor before making any decision.