GhostDAG.orgPrice

(GDAG)

GhostDAG.org (GDAG) is an ERC-20 token built on the Ethereum blockchain. Its core mission is to broaden access to the Kaspa blockchain ecosystem, specifically by allowing users to benefit from Kaspa mining rewards without directly managing complex mining infrastructure. It aims to make participation in the benefits of mined KAS more accessible, particularly for Ethereum users, thereby expanding the reach of the Kaspa network.

GhostDAG.org addresses the significant complexity and infrastructure demands typically associated with Kaspa mining. By offering an ERC-20 token, it enables users to enjoy the advantages of mined KAS without the burden of acquiring and maintaining specialized mining equipment. This approach effectively democratizes access to institutional-grade KAS mining opportunities, particularly for individuals operating within the Ethereum environment.

GDAG is an ERC-20 token designed to interact with the Kaspa blockchain's ecosystem. The Kaspa blockchain itself is built upon the advanced GhostDAG protocol, a directed acyclic graph (DAG) structure that facilitates parallel block processing and rapid transaction confirmation. GhostDAG.org leverages this underlying technology by offering a token that allows users to engage with and benefit from the Kaspa mining rewards, bridging the Ethereum and Kaspa environments.

GDAG has a total supply of 28.7 billion tokens, mirroring Kaspa's supply. Its tokenomics include a 4% buy tax and a 0% sell tax. This buy tax is strategically utilized to fund the mining ecosystem, covering expenses such as procuring and managing KAS miners, operational costs, marketing initiatives, and exchange listings. The tax is further distributed, with 3% converted into ETH and 1% allocated to auto-LP for maintaining a stable trading pool.

Yes, GDAG holders can stake their tokens. This process allows users to acquire GDAG-WETH LP Tokens. These LP tokens can then be staked in a second pool, enabling participants to earn ETH derived from KAS mining rewards. A 2% stake and unstake tax is applied, which is recycled back into relevant pools to further incentivize stakers. This staking model aims to foster a long-term perspective and encourage active participation in the project's success.

GhostDAG.org's GDAG token operates as an ERC-20 standard token on the Ethereum blockchain, leveraging its robust infrastructure. However, its core utility and value are intrinsically linked to the Kaspa blockchain, which is built upon the innovative GhostDAG protocol. The Kaspa network itself is a Proof-of-Work (PoW) based blockDAG (Directed Acyclic Graph), known for its parallel block processing capabilities. Thus, GDAG acts as a bridge, bringing the benefits of Kaspa's advanced PoW blockDAG technology to the Ethereum ecosystem.