Join our Telegram channel to stay up to date on breaking news coverage
A new green bitcoin alternative called Green bitcoin (ticker: GBTC) will be listed on Uniswap at 1 pm UTC on Thursday, April 4, 2024, ahead of a major upgrade and listing on CEX in the coming days.
bitcoin's eco-friendly alternative, Green bitcoin (GBTC), raised a hefty $9.6 million during a month-long ICO that just ended.
Now, the team is bringing its innovative profit prediction staking protocol, also known as “gamified green staking,” to the general public via a listing on the popular decentralized exchange (DEX) Uniswap, ahead of an announcement from the exchange. centralized (CEX) the following week. , April 10th.
Details on the nature of the CEX listing are scarce at this time, but the token will begin trading on the CEX the day after the announcement, April 11, ahead of a major update to the gamification protocol on April 18, 2024.
<blockquote class="twitter-tweet” data-width=”550″ data-dnt=”true” wp_automatic_readability=”5.1208053691275″>This is going to be a big week for Green bitcoin!
This is how it will happen pic.twitter.com/KJ7do2Ilnw
—GreenBitcoin (@GreenBTCtoken) twitter.com/GreenBTCtoken/status/1774502852184195508?ref_src=twsrc%5Etfw”>March 31, 2024There's nothing like green bitcoin, so it may seem obscure to anyone unfamiliar with the various reward systems generated by DeFi staking.
How it works is simple: to claim daily $GBTC rewards, users must purchase $GBTC tokens, stake them in the protocol, and play the price prediction game.
Users then make daily predictions about bitcoin, such as whether it will go up or down within 24 hours.
Every 24 hours, those who predicted correctly get a share of the rewards from the daily staking reward pool proportional to the number of $GBTC tokens they staked.
Holders can stake tokens for up to six months to earn higher rewards. Staking is also a key part of green bitcoin tokenomics. By reducing the circulating supply of GBTC, staking helps boost the price in the long term.
<h2 id="h-gbtc-is-literally-greener-than-bitcoin” class=”wp-block-heading”>GBTC is much greener than bitcoinThe $GBTC token has a circulating supply of 21 million, a clear nod to its inspiration, bitcoin.
Having a limit on the number of tokens in circulation creates value by ensuring scarcity.
However, Green bitcoin distinguishes itself from the world's favorite cryptocurrency (based on market capitalization) by its greener energy consumption.
For starters, $GBTC is on ethereum, which uses a proof-of-stake (PoS) consensus mechanism, meaning the Green bitcoin token is cleaner and more efficient than its namesake.
It consumes only 34 watt-hours (Wh) per transaction compared to bitcoin's 1,173,000 Wh.
<h2 id="h-green-bitcoin-gbtc-and-the-halving” class=”wp-block-heading”>Green bitcoin ($GBTC) and the Halving: A Pivotal Year2024 will surely go down as the most significant year since bitcoin's launch in January 2009.
bitcoin fans and enthusiasts can argue that the 2021 bull run is what got us to where we are today, with bitcoin at eleven spots. bitcoin-price-prediction-30.htm”>ETFs That's what Wall Street is currently talking about, a new all-time high of almost $74,000 recorded three weeks ago.
Many analysts say it could hit new highs in the coming months, perfect for anyone looking to get into the gamified Green bitcoin game.
This is because April 19 is the fourth quadrennial bitcoin halving. Halving is an event predetermined by the bitcoin code that reduces miners' rewards by half. Since miners control the issuance of new bitcoin, this effectively cuts all new supply in half.
<blockquote class="twitter-tweet” data-width=”550″ data-dnt=”true” wp_automatic_readability=”5.1208053691275″>This is going to be a big week for Green bitcoin!
This is how it will happen pic.twitter.com/KJ7do2Ilnw
—GreenBitcoin (@GreenBTCtoken) twitter.com/GreenBTCtoken/status/1774502852184195508?ref_src=twsrc%5Etfw”>March 31, 2024 <!– wp:embed {"url":"https://twitter.com/GreenBTCtoken/status/1774502852184195508″,”type”:”rich”,”providerNameSlug”:”twitter“,”responsive”:true} –> <figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter” wp_automatic_readability=”6″>The law of supply and demand dictates that when there is a reduction in supply during times of high demand, commodities become more valuable. Historically, bitcoin halvings have preceded bull runs and analysts believe this year will be no different, thanks to Wall Street's interest in bitcoin ETFs.
That means there will be many rallies and declines in the near future. No one can say for sure what the year will add to bitcoin, but it's the perfect kind of year to make some predictions and make some money.
Participate by visiting the official Green bitcoin website and connecting a crypto wallet before trading begins on Thursday.
Arrive early and Buy Green bitcoin Now
Green bitcoin: gamified green bet
- Contract audited by Coinsult
- Early Access Presale Live Now – greenbitcoin.xyz
- Predict to Win – Featured on Cointelegraph
- Staking Rewards and Token Bonuses
- Over $9 million raised – Ends soon
Join our Telegram channel to stay up to date on breaking news coverage