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Gno. Land is an interoperable concurrent smart contract platform developed based on gnolang language and is compatible with the L1 layer of IBC. Developers can establish their own application chain or other projects on gnoland, such as Wallet - adena wallet, DEX - gnoswap, and Multi Chain DAPP.
As suggested by Jae Kwon, a dual token model that uses a fee token with a fixed-constant-inflation (not exponential as in staking tokens) will have more advantages over a single token model.
Gnoland is a dual-token economic model, the main token is $GNOT (Gno token), which is used as a fee to pay transaction fees and rewards to validators.The second token is $GNOSH (Gno shares), which can be used for revenue, mainly contribution. The specific contribution mechanism is called contribution contribution, and the rules are in use. The simple way to understand $GNOSH is to do tasks, various bounties, and currently the biggest contributor should be the Coding part. A lot of your holders participate in GNOSH participation in the $$ of participation. This is a new model, giving you a new model to participate in GNOSH with multiple $GNOSH users of $GNOSH that you own together.
Gno. Land is an interoperable concurrent smart contract platform developed based on gnolang language and is compatible with the L1 layer of IBC. Developers can establish their own application chain or other projects on gnoland, such as Wallet - adena wallet, DEX - gnoswap, and Multi Chain DAPP.
As suggested by Jae Kwon, a dual token model that uses a fee token with a fixed-constant-inflation (not exponential as in staking tokens) will have more advantages over a single token model.
Gnoland is a dual-token economic model, the main token is $GNOT (Gno token), which is used as a fee to pay transaction fees and rewards to validators.The second token is $GNOSH (Gno shares), which can be used for revenue, mainly contribution. The specific contribution mechanism is called contribution contribution, and the rules are in use. The simple way to understand $GNOSH is to do tasks, various bounties, and currently the biggest contributor should be the Coding part. A lot of your holders participate in GNOSH participation in the $$ of participation. This is a new model, giving you a new model to participate in GNOSH with multiple $GNOSH users of $GNOSH that you own together.
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