PRESS RELEASE. INTERNET CITY, DUBAI, Jun. 24, 2022 – LBank Exchange, a global digital asset trading platform, has listed GRN (G) on June 24, 2022. For all users of LBank Exchange, the G/USDT trading pair is now officially available for trading.
Introducing GRN Grid
As a smartchain built for a better future, GRN Grid is the solution to the carbon footprint of blockchain that actively promotes decentralization and security with its revolutionary Proof of Stake V2 (PoS2), all with a sustainability first approach. It is equipped with a fresh verification method with pooled validators for near instant transactions, and its Lighting Trail Verification (LTV) makes the network remain stable and scalable under any circumstances.
Since its technology enables green-only transactions, Grid emerges as the first smartchain to be created with the capability of operating entirely on renewable energy sources. Furthermore, Grid incorporates several notable features, such as an integrated payment and escrow system, swapping pools, and encrypted chat between users.
There is also GRN Wallet that is being deployed concurrently with the GRN Grid to immediately improve the usability of the Grid smartchain. The wallet application will be cross-platform and compatible with all major browsers. Furthermore, the GRN Wallet will be open source, and members of the GRN community will be allowed to develop their own wallets for the GRN Grid.
Grid’s objective is to accelerate the adoption of renewable energy in blockchain technology and to provide every company and person with the opportunity to “go green” as soon as web3.0 is universally embraced. Additionally, the progressive distribution of GRN for validation supports sustainable development and discourages wealth build-up. These characteristics position GRN as a viable alternative to existing (de)centralized technology.
About G Token
The GRN (G) token serves as the native token on Grid with multiple use cases, including staking, paying for fees, voting for features, validators incentives, and shopping on the Grid (NFTs). Furthermore, it also promotes the adoption of renewable energy by the usage of GRN token in the operations of a renewable energy and mining company.
The total supply of G is 1 billion (1,000,000,000) tokens, of which 50% is provided for community fund, 10% is provided for early birds and private sale, 3% is provided for charity, 5% is provided for liquidity, 7% will be used for marketing, 10% is reserved by company, 8% is provided for product/tech growth, and the rest 7% is allocated to the partners.
G token has been listed on LBank Exchange at 21:00 (UTC+8) on June 24, 2022, investors who are interested in GRN Grid investment can easily buy and sell G token on LBank Exchange now. The listing of G on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
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About LBank Exchange
LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 7 million users from now more than 210 regions around the world.
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LBK Blockchain Co. Limited
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