GNLS is a new, fast-deflationary digital currency based on the Huobi Eco Chain, autonomously issued by users of the Gallant Nactive Little Super community. Every GNLS holder is a block supernode, and each node will proactively expand new block supernodes to achieve their dreams, thus creating a continuous cycle that drives more supernodes to join. Each new members entry or exit provides continuous momentum for the trigger of the deflationary dividend mechanism, ultimately enabling the dreams of all block supernodes to be gradually realized.
Operating Mechanism
GNLS is a decentralized, fast-deflationary currency based on the Huobi Eco Chain. The liquidity pool is permanently locked, and the ownership of the smart contract was transferred to a black hole address on the day of issuance. Since the founders exited early on, GNLS is currently driven by the GNLS community, which is self-built by token holders.
Transaction Burning
Each transaction on the GNLS chain will be taxed at 5%, of which 3% is added to the MDEX liquidity pool, 1% is real-time transferred to the black hole address, and 1% is real-time distributed to other holders outside the black hole address.
Black Hole Burning
50% of the Gallant Nactive Little Super community token "GNLS" was burned to the token address "0x000000000000000000000000000000000000dead" from the day of token issuance. Subsequent tokens will be subject to four airdrop events, and 20% of the remaining token amount will be burned after each airdrop event. After the airdrop events are completed, tokens will no longer be manually burned.