Blockchain

Green Bitcoin debuts on Uniswap DEX on April 5, CEX listing imminent confirmed

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A new eco-friendly Bitcoin alternative called Green Bitcoin (ticker: GBTC) will be listed on Uniswap on Thursday, April 4, 2024 at 1:00 PM (UTC), ahead of a major update and CEX listing the following day.

Green Bitcoin (GBTC), an eco-friendly Bitcoin alternative, successfully raised $9.6 million through a month-long ICO that just concluded.

Now, the team is bringing its innovative return-predictive staking protocol, “gamified green staking,” to a wider audience through a listing on popular decentralized exchange (DEX) Uniswap ahead of its announcement on a centralized exchange (CEX) next week. , April 10.

Details about the nature of the CEX listing are currently sparse, but the tokens will begin trading on CEX on April 11, the day after the announcement, with a major update to the gamification protocol on April 18, 2024.

Since there’s nothing like Green Bitcoin, it may seem vague to someone unfamiliar with DeFi’s various staking-generated reward systems.

How it works is simple. To receive daily $GBTC rewards, users must purchase $GBTC tokens, stake them on the protocol and play the price prediction game.

Users then make daily predictions whether Bitcoin will rise or fall within 24 hours.

Those who predict correctly every 24 hours will be rewarded from the daily staking reward pool proportional to the amount of $GBTC tokens they have staked.

Holders can earn bigger rewards by staking their tokens for up to 6 months. Staking is also a fundamental part of Green Bitcoin’s token economics. By reducing the circulating supply of GBTC, staking helps drive up its price in the long term.

GBTC is much greener than Bitcoin

The circulating supply of $GBTC tokens is 21 million, which is inspired by Bitcoin.

Limiting the number of tokens in circulation creates value by ensuring scarcity.

However, Green Bitcoin stands out from the world’s most popular cryptocurrencies (by market capitalization) due to its more environmentally friendly energy consumption.

First of all, $GBTC lives on Ethereum using a Proof-of-Stake (PoS) consensus mechanism. This means that Green Bitcoin tokens are cleaner and more efficient than their namesakes.

It consumes only 34 Wh per transaction compared to Bitcoin’s 1,173,000 Wh.

Green Bitcoin ($GBTC) and Halving: A Big Year

2024 will undoubtedly be the most important year since Bitcoin launched in January 2009.

Bitcoin fans and enthusiasts could argue that the 2021 bull run got us where we are today. The 11 Spot Bitcoin ETFs currently trending on Wall Street hit a new all-time high of around $74,000 posted three weeks ago.

Many analysts say it could rise to new highs in the coming months. This is perfect for anyone looking to participate in Green Bitcoin’s gamified green staking.

April 19th marks the fourth halving of Bitcoin, which takes place every four years. Halving is an event predetermined by the Bitcoin code that reduces miners’ rewards by half. Since miners control the issuance of new Bitcoins, this effectively cuts all new supply in half.

The law of supply and demand states that when supply is low during times of high demand, a product becomes more valuable. Historically, Bitcoin halvings have preceded bull markets, and analysts believe this year will be no different thanks to Wall Street’s interest in Bitcoin ETFs.

This means there will be many rallies and clashes in the near future. No one can say for sure what this year will do for Bitcoin, but it’s a perfect year to make predictions and make money.

Visit the official Green Bitcoin website and connect your cryptocurrency wallet to participate before trading begins on Thursday.

Go in early Buy Green Bitcoin Now

Green Bitcoin – Gamified Green Staking

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  • Coinsult’s contract audit
  • Early Access Presale Now Live – greenbitcoin.xyz
  • Profit Forecast – Cointelegraph Feature
  • Staking Rewards and Token Bonuses
  • Over $9 Million Raised – Ending Soon
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