|Join IDO on Dodoex.io||Buy on Pancakeswap|
How Can You Have GDASH?
Before buying GDASH, you need to use any virtual wallet that supports the BSC network. We recommend using Metamask. If the BSC network is not installed in your wallet, you need to do the following steps.
BSC network setup settings;
- Click Add Network in your wallet and type the following information.
- Network Name: Smart Chain
- New RPC URL: https://bsc-dataseed.binance.org/
- ChainID: 56
- Symbol: BNB
- Block Explorer URL: https://bscscan.com
There are 3 options for having GDASH.
- Participate in Airdrops to having free GDASH.
- Buying lower price GDASH with Pre-sale (Initial Decentralized Exchange Offering -IDO).
- Buying GDASH in Swap or Exchange Platforms.
After having GDASH, everyone can stake or farm their tokens.
Initial Decentralized Exchange Offering (IDO)
Initial dex offerings, or IDOs, are tokens that represent any type of asset hosted on a decentralized exchange (DEX) — an IDO is when a project launches a token through a decentralized liquidity exchange. IDOs offer businesses a tool for engaging their communities in an economy that both enriches their products and services while allowing them to make smart business decisions regarding their assets.
In the same way that traditional startups receive venture capital before launching, projects issuing initial DEX offerings receive financing from individual investors. Unlike an initial public offering, investors in initial dex offerings never own any equity in the project.
IDOs have some benefits that may make them more attractive than ICOs and IEOs: immediate liquidity, immediate trading and lower costs for listing.
IDOs, on the other hand, can offer a far more cost-effective token sale and listing model. Firstly, an IDO provides quick liquidity with little to no slippage through available liquidity pools in a DEX. Relatively, it has cheaper listing costs. And, it allows instantaneous trading.
Staking is the process of holding your cryptocurrencies locked in your wallet for a certain period of time without selling them. From these cryptocurrencies you lock, you earn cryptocurrencies as a reward at certain rates during the locking period. If you want to stake your assets, you need a special wallet to lock your cryptocurrencies.
Staking is a concept that is based on cryptocurrencies with the Proof of Stake (POS) mechanism. Its biggest contribution is the prevention of wasting a large amount of processing power. Staking is also beneficial for supply and demand balance due to limits the amount of cryptocurrencies in circulation. The more cryptocurrencies that are locked, the less likely the price will fall.
The model in which cryptocurrencies holders lend their assets to other users to earn an income is called Yield Farming. The Yield Farming model helps investors provide liquidity to the cryptocurrency system. It could change the way investors holding in the future. It offers a system where investors can earn by operating their assets rather than holding their crypto money in the long term.