The Genesis Pass
Genesis Pool launches its unique investor loyalty scheme.
To reward its most loyal investors, Genesis Pool (GPool) will introduce the Genesis Pass (GPass), a reward scheme that will give increasing benefits to investors who hold and stake their GPool tokens. Automatic Gold GPasses will be given to those investors joining GPool at its inception.
The GPass will have three levels: Gold, Silver and Bronze.
Benefits will be as follows:
Tokens Staked
$500 to $1,000 of GPool tokens must be staked in the GPool staking pool to qualify for the GPass. A rolling snapshot will be conducted twice a month.
Priority Whitelisting
GPool’s unique approach to working with projects from an early stage will often give us enough pre-sale tokens to allow for a 1st and 2nd round of whitelisting allocations. In both of these rounds, Gold GPass holders will be given priority and Silver GPass holders will also be able to gain priority in the 2nd round.
Staking Pool Rewards
GPool will ask all its GPass members to hold their GPool tokens in their staking pool. Gold GPass holder will earn rewards at three times that of Bronze members and Silver will earn double.
Further information on the staking pool will be released soon.
Automatic Qualification
The Gold GPass will be given to all those investors joining GPool at its inception. Investors who register for the GPool whitelist and purchase their full allocation of tokens won’t have to wait 100 days, but will be automatically given the highest GPass reward from day 1.
Any investors joining GPool after its launch and before our first IDO will be able to become a Silver GPass holder automatically from day 1.
Investors who purchase GPool tokens after we have launched our first IDO will join the GPass scheme at Bronze and will be able to work their way up the scheme by holding their tokens.
Forfeiting the GPass
The GPass will be forfeited by any investor who unstakes and sells their GPool tokens and drops below the minimum holding. Investors who rebuy later and regain the minimum holding will join at Bronze level.
GPool’s Project Lead commented:
“The GPass scheme will be a fantastic way for our community to be rewarded for their loyalty. Long-term holders of our token will not only get priority access to all our IDOs, but will benefit from higher rewards in our staking pool. We really encourage investors to take advantage of the automatic Gold GPass being given away to all early investors.
The GPass will not only reward loyalty, but it will also cause a high number of GPool tokens to be locked up, increasing their scarcity on the secondary market and maintaining a strong positive price action.”
For further information please register your email on our website for all future whitelistings.
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