Introduction
  • Whitepaper
    • Introduction
    • The Problem with the World of Finance
    • The Solution
    • Your Participation Invite
    • Project Mechanics
    • Tokenomics
    • NFTs
    • Conclusion
    • Legal
  • Smart Contracts
    • Audits
    • Contracts
  • Videos
    • GTR Overview
    • Token V2
    • NFT
    • Blend Rate and Withdrawals
  • Applications
    • The DApp
    • How To Interact With The DApp
    • NFT functionality on the dapp
  • Links
    • Web Links
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  1. Whitepaper

Tokenomics

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Last updated 2 years ago

Ghost Trader has a streamlined internal mechanism to facilitate the generation of capital and maximize the reward stream to GTR Token and NFT holders.

GTR Token and Token Pool

The GTR token acts as a mechanism to generate capital over time and also serves as a way of introducing new contributors to the trading environment for a possible transition into NFTs. GTR Token holders are entitled to receive rewards based on the % of the circulating supply they hold. The amount received in rewards is dependent on not only the % of profit created by The Ghost Trader, but also the total size of the GTR Token pool, combined with the number of tokens in circulating supply. The GTR token pool grows organically through: ✓ The GTR Company auto-compounding their 50% of these trading profits ✓ Taxes from NFT purchases, compounding and top-ups This further demonstrates their commitment to the ongoing success of the project. Through strategic buying and selling of the token, new contributors can take advantage of the opportunity to grow their capital whilst also receiving rewards. For in-depth tokenomics details please refer to The Tokenomics Paper GTR Token and Token Pool 9 As a deflationary token, the GTR token will run for 48 months, during which time the Ghost Trader project will commit to locking up a maximum of 2 million tokens per trading month. These tokens will be generated by the buy/sell tax. The GTR Token should generate increasing rewards over time due to this deflationary mechanism combined with the growing trading pool. At the end of the 48-month period, GTR company will buy out the remaining tokens in circulation for a value no less than the final value of the GTR fund divided by the circulating tokens.

At this point the trading fund will have matured and will only pay rewards through NFTs