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:
https://etherscan.io/tx/0xdbed46c19bb52333477e02fda4d0d920edd7e7a6f322486a7024fffa998af9be
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: https://etherscan.io/tx/0xb976676d8de47eabac2d2926bd7d90dbe159f39dfdb0e3965e67025dcb3643bc
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
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.
