1. Geodnet Knowledge Base
  2. Tokens, NFT, & Wallets

How will the team address the issue of miners selling their rewards immediately after receiving them?

As we continue to develop the GEOD network and token, we are exploring various options to incentivize users to hold their rewards rather than immediately dumping them. This includes the potential implementation of staking mechanisms and other utility features for the token. At the same time, we are also focused on maintaining a balance between token generation and revenue opportunities in order to ensure the long-term viability of the project. While we recognize that some users may still choose to sell their rewards, we are working hard to create additional incentives for users to hold onto their tokens and engage with the network.