GYOSHIPrice

(GYOSHI)

GYOSHI is an ERC token operating on the Ethereum blockchain, conceptualized with the ambition of evolving into a globally adopted decentralized cryptocurrency. Its core philosophy emphasizes community management, aiming to empower its holders through a collective governance model. This foundational design seeks to establish a truly decentralized digital asset responsive to its ecosystem participants.

The total supply of GYOSHI is fixed at 1,000,000,000,000 tokens. The initial distribution involved burning 20% of the total supply. The project team holds 8.5%, while the remaining 71.5% was allocated to the liquidity pool. This structure aims to provide a clear and defined economic model from the outset for community and investor transparency.

GYOSHI has implemented a unique approach to liquidity by burning its entire liquidity pool. This means the liquidity tokens were permanently sent to a dead address, rendering them irretrievable. This action is designed to secure the longevity and stability of GYOSHI's liquidity, preventing its removal and fostering a more stable trading environment for the community.

The GYOSHI project is spearheaded by a founder described as a "lone wolf" and an experienced developer. This individual has chosen to remain anonymous. While the founder's identity is not public, the commitment is to the project's development and the community's vision for a decentralized currency, emphasizing the project's output and decentralized ethos over personal branding.

Currently, GYOSHI can be used for direct trading on decentralized exchanges like Uniswap and for peer-to-peer transfers. A significant utility is its staking mechanism, available through an official dApp interface. Staking allows users to earn rewards while simultaneously participating in the network's governance. Future plans emphasize community growth and building out its functionality to compete as a significant decentralized currency, implying expanded utility.

GYOSHI differentiates itself through several unique aspects. Primarily, its burned liquidity pool ensures permanent liquidity, preventing manipulation and enhancing long-term stability. The project also highlights a commitment to no further taxes or fees imposed on investors, aiming for a transparent and fair investment environment. These strategies, combined with its community-managed, decentralized vision, aim to foster trust and sustained engagement within its ecosystem.