GIGAGIRLPrice

(GIGI)

Users earn $GIGA rewards automatically simply by holding $GIGI tokens in a supported Solana wallet. The mechanism is powered by a 6% tax on transactions; 90% of this tax is used to purchase $GIGA tokens, which are then distributed back to $GIGI holders. Payouts typically occur every 60 minutes, provided there is sufficient trading activity to cover the necessary network fees for the distribution.

Yes, to be eligible for the automatic $GIGA distributions, holders must maintain a specific minimum balance. Based on the project's current requirements, a user must hold at least 100,000 $GIGI tokens in their wallet to receive rewards from the transaction tax distributions.

GIGAGIRL uses a Hybrid Square Root Weighting model to determine reward distributions. This model is specifically designed to ensure fairness across the community by preventing large holders, or 'whales,' from dominating the reward pool. By calculating rewards based on the square root of a holder's balance, the project narrows the gap between large and small participants, allowing for a more equitable sharing of the $GIGA rewards.

No, GIGAGIRL is a separate 'fan' or 'sister' project and is not officially affiliated with the GIGACHAD team. While it utilizes the $GIGA token for its reward system and shares the same meme culture, it operates independently. The project acts as an ecosystem participant that generates buy pressure for $GIGA by purchasing it on the open market to reward its own holders.

The total supply of $GIGI is 1,000,000,000 tokens. The project implements a 6% tax on transfers and trades, where 90% of the collected fees are redistributed to holders in the form of rewards, and 10% is allocated to development. Furthermore, the project includes a deflationary mechanism where 8% of accumulated tokens are often burned before the reward distribution process.

While the project offers a unique utility, security auditing tools have noted that the contract creator maintains permissions to modify metadata, adjust fees, or manage trading settings. The developers state that these permissions are necessary to maintain the reward distribution system and adapt to changing network conditions. As with all decentralized assets, participants are encouraged to perform thorough due diligence and understand the risks associated with contract permissions.