December Token Burns and January Staking Rewards

Dear GIV Guild,

We would like to give the token holder community an update on GIV token burns for December, as well as staking rewards for the upcoming months.

Token Burns

Approximately 1.5M GIV tokens were burned today:

This is based on the 1,461,215.66 GIV in staking rewards that were generated by the foundation’s liquidity provision, and 88,000 GIV based on the withdrawal fees and GIV purchases made on CryptoLocally throughout November.

December Staking Rewards and Trading Bonuses

GIV staking rewards for this month have been distributed already:

2021 Staking Rewards

In 2021, until further notice, total staking rewards for liquidity provision on the ETH/GIV Uniswap pool and USDC/GIV Balancer Pool will remain at 4M GIV per month.

Trading bonuses and APY for GIV for staking on the Finance Wallet on CryptoLocally will stay the same.

The logistics for distribution and tracking will remain the same as December.

Further Reading

CryptoLocally GIV White Paper

CryptoLocally (GIV) GitHub

About the GIV Token

This information is not investment advice. Please read the full disclaimer before investing.

About CryptoLocally (GIV)

CryptoLocally is providing non-custodial smart contract escrows for peer-to-peer digital assets trading. CryptoLocally has been designed with ease-of-use in mind so that anyone can gain access to these technologies.







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