GLOW V2 is an innovative auto yield farming utility token in the DeFi space on the Binance Smart Chain that aims to reinvent the reward opportunity set by increasing flexibility in returns that holders can realize by choosing their dividends in any other token that exists in the Binance Smart Chain ecosystem on demand and with ease.
GLOW V2 is the native utility token that works on as an autonomous frictionless yield farming (GlowEarn) and liquidity re-distribution protocol with three key features as of launch:
Dividends - All holders earn 10% from buy and sale transactions. Hold and earn dividend rewards in the BSC token of your choosing from our partners. Binance Pegged BUSD is the default if no other token is selected. Dividend rewards in Glow tokens are tax free.
Lottery - Holding Glow allows you to win $10,000. The lottery will be sent in the BSC token designated for you dividends.
Charity - 1% of all circulation will be stored in a Charity wallet. The Charity wallet will not have fees, and the community will be voting on where we send the Charity wallet rewards. This will be the only wallet without tax/fee
GLOW V2 has a dApp that allows for changing the dividend receivable to any token on the Binance Smart Chain. Whatever selection the investor chooses will also be the reward token for the 10K lottery (I.e. If the investor selects BNB as the dividend rewards token and subsequently that user wins a lottery, that investor will receive 10K equivalent in BNB as the lottery award.
GLOW V2 Protocol launched its mainnet on January 16, 2022 with 1 Quadrillion NEAR tokens created at genesis. 5% of additional supply is issued each year to support the network as epoch rewards, of which 90% goes to validators (4.5% total) and 10% to the protocol treasury (0.5% total). 30% of transaction fees are paid out as rebates to contracts which interact with a transaction, while the remaining 70% are burned.
GLOW V2 is the brainchild of developers Bryan Lawrence and his team whom have extensive experience in innovating solidity programmed contract deployment with enhanced tokenomics for the benefit of holders.
The team came together as prior investors of former Binance Smart Chain tokens that had issues with building and maintaining transparency and trust due to large pulls of founder liquidity leaving behind a wake of disappointed investors that couldn’t understand how a contract could vary so far from the promises made in the original offerings. Having had enough of the false promises, the team decided to embark on a journey of trust, transparency, and building a project that actually aligned and performed as communicated in the launch and whitepaper.
Putting investor interest first and being highly transparent and accessible has been and continues to be the highest priority in addition to sharing wealth with investors and give back through charity and lotteries that are an output of the GLOW V2 tokenomics built into the contract.
Working tirelessly to help our investors, our lottery recipients, our charity recipients better their lives through education about crypto investing, opportunities to help increase wealth, and helping the less fortunate to improve their lives is how we will continue to expand the GLOW in the community. Helping everyone to GLOW!
GLOW V2 is available for trading on a growing number of exchanges, with BNB, BUSD, USDT and most other cryptocurrency pairs currently available on the Binance Smart Chain.Read More