GasFarm’s high-ranking token’s public sale coming soon
GasFarm launched its native token GFT recently. The private sale is going now, but the company announced that it would begin public sale on May 15, 2021.
GasFarm is a rewarding platform. It returns part of the Ethereum gas fees spent in a decentralized exchange and swap. This platform is essentially an Ethereum gas token collector aiming to minimize high transaction fee loss. Customers get cashback some of their ETH gas fees when they use GasFarm. The platform plans to simplify the process further, as well as help users maximize returns and savings.
GasFarm’s token has gotten the highest ranking on several ICO listings. The total supply of the GFT tokens is 100000000. From that amount, 35% goes to Platform Rewards, 30% is for Public Sale, 10% goes to Private Sale, 7% for Team, 5% for EcoSystem & Partnership, 5% for Foundation and another 5% for Marketing and 3% for Liquidity.
During the private sale token price is 1 ETH for 52,000 GFT. However, the public sale token price will be 1 ETH for 26,000 GFT.
What about GasFarm’s features?
Users can earn ETH GAS fees they spent on the transfer as GasFarm offers cashback rewards on spending. The more customer holds on to the GFT token, the more reward they get. The platform calculates cashback rewards on various percentages and parameters and distributes them based on these percentages.
GasFarm also enables yield farming, which lets users lock up funds and provides rewards in the process. Farming involves lending out cryptocurrencies via DeFi protocols to earn variable or fixed interest.
The platform realizes its reward system based on Proof of Stake (PoS) technology. The latter helps to make the network stronger and safer, as well as get a reward in return. Every staking pool offers its own income, along with payout frequency conditions.
There is also Referral System. This is a program where you can earn passive income just by inviting your friends.