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January 22, 2022
Crypto News

Galileo Exchange Launches Its Native Token, the “GELT” – Sponsored Bitcoin News

Galileo Exchange is a groundbreaking hybrid of a Crypto trade, a Blockchain venture, and the innovation of accelerated price dynamics. It combines these important parts to convey trustworthiness, innovation, worth and leisure.

Galileo Exchange is Fully Developed, Proprietary & Market Ready

The platform introduces many distinctive options together with:

  • Gamification of Financial Markets
  • World’s First Dynamically Tethered Indexes (DTI’s)
  • High Pip Action Trading Instruments
  • Zero-Edge Ecosystem (100% RTP)
  • Native Token (GELT) – constructed on the Binance Smart Chain (BSC)
  • Bonding Curve Tokenomics
  • BNB Secured Liquidity Pool
  • Community Centric Growth
  • Bi-weekly Trading Tournaments
  • Evolving Development Roadmap

Galileo Exchange is a breakthrough in dealer engagement, enjoyable, and profitability. The platform is designed to stage the enjoying subject by eradicating all frictions to buying and selling and is engineered to return 100% of funds wagered again to its customers.

Furthermore, the GEx platform affords super-fast buying and selling, high-profit potential, and beneficiant incentives, leading to a best-in-class person expertise.

GELT’s Bonding Curve Tokenomics

Galileo Exchange behaves as a relentless liquidity supplier by its bonding curve mechanism. When GELT’s are purchased & offered on the trade, the token price will increase or decreases at predefined price factors on the bonding curve.

Most impressively, ALL BNB’s used to buy GELT’s, both for investing or buying and selling, are gathered and by no means spent, forming the foundation of a assured liquidity pool that backs the trade.

  • GELT is constructed on the Binance Smart Chain (BSC)
  • GELT is pegged to the Binance Coin (BNB)
  • GELT’s tokenomics are set in response to a deterministic & clear bonding curve perform which is carried out algorithmically

100% of Token Sale Proceeds type GELT’s Liquidity Pool

The GELT token is underwritten by a liquidity pool (bankroll) which consists of ALL gathered BNB deposits from GELT token gross sales.

Furthermore, all BNB’s are held with introduced public keys so supervision & transparency of BNB balances is all the time doable. Users all the time know the liquidity is secured.

GEx Features World’s 1st Dynamically Tethered Indexes (DTI’s)

DTI’s are what’s “traded” on the Galileo Exchange. DTI’s are tokenized indexes created by combining a base asset with Atmospheric Noise (ATN) forming a brand new class of digital ‘hybrid’ devices. DTI’s are designed to show each second right into a profitable buying and selling alternative.

Why Atmospheric Noise? … ATN is a naturally sourced commodity and is the very definition of true randomness (TRNG), however when utilized to buying and selling, it boosts buying and selling alternatives with extra commerce setups and 100x extra Pip motion than conventional indexes.

Value Proposition & GELT’s Capital Gains Potential

Galileo Exchange with its native ‘Zero-Edge’ token ecosystem, will probably be launched at a valuation of sub-USD$1 million representing an unimaginable worth proposition for early adopters.

You can Buy & Sell the GELT token on the Galileo Exchange Platform utilizing Binance Coins (BNB), 24/7 with assured liquidity as per the bonding curve.

Galileo’s Roadmap Ahead

Galileo Exchange thrives on turning into a fully-featured zero-edge ‘gamified’ platform, making it not solely your finest different in day buying and selling, but additionally in on line casino gaming & sports activities betting!

Conclusion

GELT tokens can be utilized as an funding technique (HODling) or they can be utilized for buying and selling on the trade leading to a Zero Spreads, Zero Slippage & Zero Fees atmosphere.

At Galileo Exchange, we’re striving to develop into the platform of selection for day merchants, on our one-of-a-kind buying and selling ecosystem. Join us in a singular journey to disrupt the monetary, gaming and sports activities betting industries.

Galileo Exchange operates beneath Australian legislation, ruled beneath the unique jurisdiction of the Victorian Courts. To study extra, be part of our rising Telegram community, obtain the Lightpaper and to start out buying and selling go to Galileo.Exchange proper now!

 


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