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CoinMarketCap.comWhat is GaStream (GSTRM)?
GaStream (GSTRM) is a BEP-20 token built on the Binance Smart Chain (BSC). Its main objective is to be utilized for gas fees and rewards for node forming in Stream Chain (Mainnet 2.0), hence supporting and sustaining the StreamCoin (STRM) ecosystem by incentivizing contributors to participate in the consensus.
The GaStream (GSTRM) is the secondary native token for the StreamCoin ecosystem, which comprises the governance token StremCoin (STRM). Combined, they will be the driving force behind the StreamCoin ecosystem. These crypto wallets support GSTRM and STRM: Aladdin Pro Wallet, MetaMask, Trust Wallet, MyEtherWallet, and imToken.
GaStream (GSTRM) Use Cases and Benefits
GSTRM’s primary use is for gas fees and to support the StreamCoin ecosystem by incentivizing contributors to participate in the consensus. However, GSTRM has other uses that enable StreamCoin to provide its users and investors with more advantages.
GSTRM other benefits will include the following:
Reducing transaction costs Minimizing the minting fees on Stream Chain (Mainnet 2.0) Incentivizing participants and investors through rewards for yield farming, watching ads on MeiTalk, Real Research surveys, and others to follow More earning opportunities for STRM ICO investors through an airdrop
GaStream (GSTRM) Roadmap
GSTRM Tokenomics and Burning
The initial total supply for GSTRM is 16,950,000,000, and it is distributed as follows:
66.66% - 11,300,000,000 is allocated to reward the STRM public sale investors through the airdrop event in addition to the presale investors with this ratio: 5 GSTRM for each STRM. 33.33% - 5,650,000,000 is allocated for future rewards in the StreamCoin ecosystem, including yield farming, watching ads on the MeiTalk platform, Real Research surveys, and node forming on Stream Chain (Mainnet 2.0).
The GSTRM token supply shall be increased annually by 8%. This increase in supply will be distributed to the top MeiTalk streamers and the contributors in the StreamCoin ecosystem as follows:
1% to the top 10 global streamers on MeiTalk 1% to the top 100 global streamers on MeiTalk 1% to the Producer Nodes (2,000,000 STRM) 1% to the Observer Nodes (1,000 STRM) 4% to the monthly node rewards, Real Research rewards, MeiTalk ads rewards, and for sustaining operations
GSTRM’s first token burning will take place when the STRM ICO ends on April 30, 2022. All unclaimed GSTRM tokens from the airdrop will be burned from the airdrop rewards allocation. Moreover, an additional 50% of that burned amount will also be burned from the future rewards allocations.
After GSTRM migrates to Stream Chain (Mainnet 2.0), other burning rounds will happen as we will start accumulating gas fees. 50% of the accumulated gas fees will be burned every three months in the first year. Afterward, 25% will be burned every three months starting from the second year. How Can You Buy GSTRM?
As of now, investors can get GSTRM in two ways:
The Airdrop Event: GSTRM is available through an airdrop for investors who purchased $50 or more worth of STRM during the StreamCoin public sale period that will end on April 30, 2022. From Exchanges: GSTRM is available to buy from the PancakeSwap and DODO exchanges with the GSTRM/BUSD pair. Also, other exchanges will list GSTRM soon.
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