Globe Tokenomics & Public Sale

Globe Derivative Exchange
Globe Official
Published in
2 min readApr 29, 2021

Globe is a crypto derivatives exchange where institutions and consumers transact digital currencies like bitcoin via perpetual futures contracts.

Perpetual futures are a derivative product that tracks the underlying index price. They’re in high demand as they enable hedging and risk management, short exposure and trading with leverage.

Visit our public sale page here: https://globedx.com/en/gdt-sale

Introducing Globe Token (GDT)

The native utility token of Globe Exchange is Globe Derivative Token (GDT). GDT is an ERC20 utility token offering:

  1. Reduced trading fees the more GDT you hold.
  2. GDT will also be usable to pay fees in the future.
  3. Gradual decentralization of ownership of GDT to its community.

GDT Token Details

Token Name: Globe Derivative Token

Token Ticker: GDT

Token Standard: ERC20

Max Supply: 400 Million GDT

GDT Token Presale Rounds

Out of the 400M GDT Tokens, a total of 84M (21.5% of max supply) has been sold in the Presale rounds.

GDT tokens have been offered to Presale backers over 3 tranches, each with its own token price and token lockup/vesting period.

Token Unlocking Schedule

Token vesting and unlock begins at token generation event with vesting schedules running up to 5 years. The Initial Circulating Supply on TGE will be 20M GDT Tokens.

GDT Public Sale

We will be allocating 20M GDT tokens (5% of the total supply) for public sale through IDOs and Public Sale on Globe Exchange.

Dodo token sale will start on April 30th to May 3rd, 10:00 AM UTC+8.
Ignition and Superfarm holders April 30th, 11AM UTC.
Globe Exchange details will be announced shortly.

More details: https://globedx.com/en/gdt-sale

About Globe

The Globe’s fairest & fastest crypto exchange built by Y Combinator alumni. Trade BTC, ETH, and DeFi Tokens with more leverage via perpetual futures contracts.

Sign up now and trade with testnet bitcoin at: globedx.com

Join our community channels:

Website | Twitter | Telegram

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