Genesys Token

1. Summary

Ranks

Liquidity

-

Developer

-

Social

58

Momentum (beta)

0

Stack Rank™

-

Price

$0.03 0.0%

Market Cap

$0.00 (#10689)

Supply

/

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Price
52W High price	$0.09
52W High date	15th Oct 2022 (2 years ago)
All Time High (ATH) Date	2nd Feb 2025 (2 weeks ago)
All Time Low (ATL) Date	2nd Feb 2025 (2 weeks ago)

Supply & Trading Volume
Trading Volume (24h)	$17.00

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Description

Genesys Token

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Genesys Token

The Genesys Token is the native cryptocurrency of the Genesys Blockchain ecosystem. The Genesys Blockchain provides a comprehensive range of blockchain services within a unified platform. It leverages DeFi technology and community-driven solutions to offer fast, scalable, and gas-efficient web3 offerings for crypto transactions and NFT-related activities.

Key Features

• Consensus Mechanism: The Genesys Blockchain operates on a Proof of Authority (POA) consensus, ensuring a balance between security, scalability, speed, and development.
• EVM Compatibility: Genesys is anchored in EVM compatibility, facilitating the use of existing Ethereum tools with faster finality and low transaction fees.
• Validator Nodes: The network consists of 33 Validator Nodes (BlueNodes) and 467 Support Nodes, which operate on the Staked Proof of Authority (PoSA) consensus, ensuring shorter block times and reduced fees.
• Network Security: The blockchain incorporates measures such as double sign detection and fail-safe protocols to ensure security, stability, and transaction finality.
• Network Governance: The staked authority test encourages decentralization and community involvement in the network.

Token Use Cases

• Gas Payments: GSYS is used for gas payments to execute or invoke smart contracts.
• Cross-Chain Activities: GSYS enables seamless token/coin transfers across different networks via GChain.
• Network Security and Staking: GSYS is used for staking or delegating to enhance the network's security.

The Genesys Token plays a crucial role in the functioning and security of the Genesys Blockchain network. Its flexibility and utility make it an integral part of the ecosystem, mirroring the role of Ether (ETH) on the Ethereum network.

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