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Bittime - Ice-cream is a decentralized protocol that allows developers to automate blockchain tasks and transactions. Listen to the explanation!
What is Gelato (GEL)?
Gelato (GEL) is a decentralized automation platform that allows users to perform tasks and functions across multiple blockchains safely and reliably. The platform offers a variety of innovative features designed to help users save time, increase efficiency and reduce risk in their Web3 activities.
Gelato (GEL) Key Products & Features
The following is Gelato (GEL) Key Products & Features:
- Gelato Network: A decentralized network consisting of nodes operated by trusted validators.
- Ice cream Oops: An automation service that allows users to run on-chain and off-chain tasks periodically or based on specific events.
- API Ice Cream: An application programming interface that allows developers to integrate Gelato functionality into their applications and services.
- Gelato Governance: A governance system that allows GEL token holders to participate in platform decision-making.
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What is GEL Token?
The GEL token is a utility token used in the Gelato protocol. Gelato is a decentralized platform that allows developers to automate blockchain tasks and transactions. GEL tokens are used for:
- Paying Service Fees: GEL tokens are used to pay Gelato service fees, such as task execution and transaction settlement.
- Staking: GEL token holders can stake their tokens to help secure the Gelato network and earn staking rewards.
- Governance: GEL token holders have the right to participate in Gelato governance by voting on proposals submitted by the Gelato team.
Tokenomic Gelato (GEL)
The following is Tokenomic Gelato (GEL):
- Token Name: GEL
- Total Supply: 420,690,000 GEL
- Circulating Supply: 109,951,523 GEL
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Use Cases:
- Pay a fee to perform tasks on Gelato Network
- Staking to secure the network and earn rewards
- Participate in platform governance
- Get access to premium features
Gelato (GEL) Fundamental Analysis
The following is Gelato (GEL) Fundamental Analysis:
- Experienced team with background in blockchain and financial technology.
- An active and growing community.
- An innovative platform with huge potential to change the way people interact with Web3.
- A clear and ambitious roadmap for platform development.
- High growth potential in the fast-growing Web3 automation solutions market.
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Comparison of Solana, Gelato & Binance
| Feature | Solana | Ice-cream | Binance |
| Blockchain | Solana | Ethereum | Binance Chain |
| Focus | Platform dApps | Web Automation3 | Exchange |
| Token | SUN | GEL | BNB |
| Use Cases | Transaction fees, staking, participation in dApps | Task fees, staking, governance | Transaction fees, trading, staking |
Founder & Tim Gelato (GEL)
The following isFounder & Tim Gelato (GEL):
- HilmarMaximilian Orth (Co-founder & CEO)
- Max Suter (Co-founder & CTO)
- Daniel Krupka (COO)
- Lukas Schor (CMO)
Conclusion
Gelato is a promising Web3 automation platform with a variety of innovative features and high growth potential. The platform is ideal for users who want to save time, increase efficiency and reduce risk in their Web3 activities.
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DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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