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gypsum

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News

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Bitmine Immersion Technologies Increases Its Ethereum Assets.

Bitmine Immersion Technologies Increases Its Ethereum Assets.

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Bitmine Immersion Technologies has purchased an additional 10,399 ETH, bringing its total to 5,797,813 ETH.
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Jacob Williams

What is gypsum?

Gypsum is an open source DEFI project focused on sustainable yield. it is a deflationary token, On every transaction, 5% of the tokens in the transaction are burned permanently and the other 5% is distributed towards stakers.
This is done to increase the value of each Gypsum token over time. The more tokens you stake, the more fees you will earn, this is the reason why there is no fixed APY.

"A lot of project promise APY's of up to 20.000%. This might be sustainable if many new users are coming in, but after a while it will collapse. Gypsum fixes this with an incomebased yield model."

The burning mechanism goes on until only 5 million tokens are left, this will be the final supply. After the final supply is reached, users will continue getting yields, as the 5% transfer fee is still present.

"10% of all Gypsum is permanently locked in a public, ownerless Pancakeswap liquidity-pool. We achieve thise by burning all our LP-tokens to our pool, immediately after providing liquidity. After the liquidity is locked, we won't be able to remove any liquidity whatsoever."

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