The maximum voting weight of each Goed Mining Rig is 2000 tokens, which means even if a user stakes more than 2000 tokens on a single Mining Rig, their voting weight will only be calculated based on 2000 tokens. This mechanism aims to prevent some users from obtaining excessive voting power through large stakes, ensuring the fairness of the system and encouraging the decentralization of token stakes. #GAT
The impact of this mechanism on Tokenpump:
1. Incentivize more users to participate in weighted voting: since the voting weight of a single Mining Rig has an upper limit, users tend to stake on multiple Mining Rigs in order to obtain more voting weight. This increase in demand will drive the market's demand for Tokens, thereby driving up Token prices to pump.
2. Reduce the Circulating Supply in the market, enhance scarcity: more users will use Token for voting weighting, instead of selling or trading in the market, which will reduce the number of Tokens available for circulation in the market. With the decrease in Circulating Supply, the scarcity of Token will increase, thereby boosting the price of Token.
3. Enhance market confidence: The transparency and stability of the voting mechanism can enhance the confidence of investors and the community. As more people have confidence in the future development of the project, more funds will flow into the ecosystem, thereby further pushing up the Token price.
Finally: The pump of Token price depends on the strength of market consensus and the degree of decentralization. With the continuous development of the community and the participation of more users, the ecological value of Token will gradually emerge, and the market will also show a more stable foundation.
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The maximum voting weight of each Goed Mining Rig is 2000 tokens, which means even if a user stakes more than 2000 tokens on a single Mining Rig, their voting weight will only be calculated based on 2000 tokens. This mechanism aims to prevent some users from obtaining excessive voting power through large stakes, ensuring the fairness of the system and encouraging the decentralization of token stakes. #GAT
The impact of this mechanism on Tokenpump:
1. Incentivize more users to participate in weighted voting: since the voting weight of a single Mining Rig has an upper limit, users tend to stake on multiple Mining Rigs in order to obtain more voting weight. This increase in demand will drive the market's demand for Tokens, thereby driving up Token prices to pump.
2. Reduce the Circulating Supply in the market, enhance scarcity: more users will use Token for voting weighting, instead of selling or trading in the market, which will reduce the number of Tokens available for circulation in the market. With the decrease in Circulating Supply, the scarcity of Token will increase, thereby boosting the price of Token.
3. Enhance market confidence: The transparency and stability of the voting mechanism can enhance the confidence of investors and the community. As more people have confidence in the future development of the project, more funds will flow into the ecosystem, thereby further pushing up the Token price.
Finally:
The pump of Token price depends on the strength of market consensus and the degree of decentralization. With the continuous development of the community and the participation of more users, the ecological value of Token will gradually emerge, and the market will also show a more stable foundation.