Genie Protocol GNP Price 0.00038364

The first protocol for buying sets or "funds" of native multichain token is called the genie protocol. There is a The governance token of the Genie Dao is the GNP. There is a Through voting, the user will be able to buy a set of ERC20 and BEP20 token with a single transaction. There is a The "funds" or sets composed of different token will be able to replicate the trend of the most capitalized token by category and therefore will be "funds" or index sets. There is a Limits on the exposure to certain token will become more stringent, and user-managed funds will have a number of limitations to minimize the risk of adverse selection and moral hazard on the part of managers. There is a The manager will be able to vote to remove or make more stringent the limits on the choice of token. There is a To find the best price in the market and to weight purchases according to the best conditions, these "funds" or sets of ERC20 or BEP20 token will be composed by interface with different AMMs. There is a When a user invests using BNBs or ETHs, he will be allocated a token representing his share of the fund which he can use to redeem his investment in a manner similar to a share of a Liquidity Pool. There is a The secondary market for the token representing a share of a fund can be created by individuals. There is a A user will be charged an entry fee when he buys a "fund" or a set of token using Genie Protocol. The user will be charged a performance fee when disinvesting. There is a The entry and performance fees will be used to pay the cost of gas and buy back token from the GNP/BUSD Liquidity Pool on Pancake swap. There is a There are 4 different staking pools that can be used to gradually distribute GNP Governance token to the community. There is a The lock-in periods for the four pools are 30, 90, 180 and 360 days. There is a For every 100 GNP allocated in the first 30-day pool, 200 GNP will be allocated in the 90-day pool, 400 GNP in the 180-day pool and 800 GNP in the 360-day pool. There is a The 30-day pool, the 90-day pool, the 180-day pool, and the 360-day pool have the same multipliers. There is a GNP is potentially deflationary if it can be burned all or part of the token bought through the buy back.