January Token Burns and February Staking Rewards
Dear GIV Guild,
We would like to give the token holder community an update on GIV token burns for January, as well as staking reward stats.
Token Burns
Approximately 1.81M GIV tokens were burned:
https://etherscan.io/tx/0x0e8bc4298590d2866b5d12a61a833de4262317404b146c7636437f59b6ff27ed
https://etherscan.io/tx/0x4570e35b597dd3b6dc90ebcbab520c8eb158f11be50aacce56350db71e7bf611
This is based on the 1.8M GIV in staking rewards that were generated by the foundation’s liquidity provision, and 71,976 GIV based on the withdrawal fees and GIV purchases made on CryptoLocally throughout January.
January Staking Rewards
GIV staking rewards for this month have been distributed already:
https://etherscan.io/tx/0xafaf8a6fff57dde3c01c897d70cc506b09666c728756a14d93a7145ede2c4b83
February 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 before.
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.
