GOFX Token
GooseFX Token - $GOFX
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GooseFX Token - $GOFX
Last updated
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The GOFX Token went live on 2nd November 2021, a utility token powering the GooseFX platform
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GOFX total supply API: https://api-services.goosefx.io/total-supply
GOFX circulating supply API: https://api-services.goosefx.io/circulating-supply
Staking Incentives: Stakers of GOFX earn a share of the platform's total fees, collected from GAMMA. The fees is converted to USDC for stable payouts, with rewards proportional to the amount of GOFX staked and claimable daily.
Buyback and Burn Program: 10% of revenue from GAMMA is used to buy back GOFX tokens from the market, which are then burned hourly. This approach aims to reduce the total supply and increase the scarcity of GOFX, steering it towards a deflationary model.
Earnings and Lock-up Period: Unstaking GOFX initiates a seven-day lock-up period, during which no rewards are earned.
GOFX does not in any way represent any shareholding, participation, right, title, or interest in the Company, the Distributor, their respective affiliates, or any other company, enterprise or undertaking, nor will GOFX entitle token holders to any promise of fees, dividends, revenue, profits or investment returns, and are not intended to constitute securities in Singapore or any relevant jurisdiction. GOFX may only be utilized on the GooseFX platform, and ownership of GOFX carries no rights, express or implied, other than the right to use GOFX as a means to enable usage of and interaction within the GooseFX platform.