How does GNO work?
Gnoland adopt dual token model split governance/staking token and the fee token which different with other cosmos and most layer1. http://gno.land will have proof-of-contribution. $GNOT is the fee token, while $GNOSH is earned. Will this be a more sustainable token model. The more traction a blockchain gets, the more tokens are likely to get unstaked to be used as gas fees, which leads to a decrease of the security of the Network. Having a dual token model addresses this issue. A fixed-consta...
How does GNO work?
Gnoland adopt dual token model split governance/staking token and the fee token which different with other cosmos and most layer1. http://gno.land will have proof-of-contribution. $GNOT is the fee token, while $GNOSH is earned. Will this be a more sustainable token model. The more traction a blockchain gets, the more tokens are likely to get unstaked to be used as gas fees, which leads to a decrease of the security of the Network. Having a dual token model addresses this issue. A fixed-consta...
