StreamCoin (STRM) has recently announced the launch of a utility token named GaStream (GSTRM). GSTRM token, meant to power the entire StreamCoin ecosystem, will be utilized for gas fees and node rewards on the Stream Chain (Mainnet), among other uses.
StreamCoin, recently revealed it would be launching the first airdrop of GaStream (GSTRM).
Investors owning STRM worth $50 or more from the public sale or presale are eligible to claim GaStream (GSTRM). StreamCoin’s public sale, launched on February 1, 2022, is scheduled to conclude on April 30, 2022. Eligible individuals will receive 5 GSTRM per STRM.
Individuals can get GSTRM rewards from March 18, 2022, until April 30, 2022. This BEP-20 token was also listed on PancakSwap on the same date, i.e., March 18, 2022. Afterward, the token will eventually be listed on several other exchanges.
The initial total supply of GaStream (GSTRM) is 16,950,000,000. 66.66% of GaStream, from the total, will be allocated to reward the ICO and presale investors, while 33.33% will be for the future rewards for nodes forming, watching adverts on the MeiTalk platform, among many others.
Additionally, the company plans on burning all unclaimed GSTRM from the airdrop along with an additional 50% of that burned amount from the future reward allotment.
Yield farming using STRM will gain returns in the form of GSTRM tokens. Eventually, as GSTRM moves from Binance Smart Chain to Stream Chain, users can utilize the STRM token by forming nodes on the Stream Chain 2.0 to earn GSTRM coins in rewards.
Investors and participants interested in earning GSTRM can continue collecting STRM and increasing their collection to become eligible for GSTRM claims.
The CEO of StreamCoin plans to reveal more about GaStream (GSTRM), Stream Chain, and the Stream NFT Marketplace during his keynote speech at the two-day conference in Dubai Festival Arena.
StreamCoin will host a booth at the WLSC conference held in Dubai on March 25 and 26, 2022. For more information and ticket sale, log on to the website https://wlscon.com/.
The content featured on Coinpedia's press release page is provided for informational purposes only. Coinpedia does not endorse, verify, or take responsibility for the accuracy, completeness, or reliability of any press releases or associated materials. Any views, opinions, or statements expressed in these press releases are those of the respective issuers and do not reflect the opinions or positions of Coinpedia. Coinpedia is not liable for any content, products, services, or actions mentioned in the press releases. Readers should independently verify the information before taking any actions related to the subject matter of the releases.
Story Highlights Litecoin price today Litecoin price may reach a potential high of around $231.21…
ClearBank, a technology-enabled clearing bank, is making a major push into digital finance to expand…
Story Highlights The live price of the Polkadot crypto token is . Polkadot price can…
Every market cycle brings a handful of early-stage projects that redefine what’s possible in DeFi…
Animal spirits are back. XRP just ripped 6% in a day, reclaimed $2.50, and investors…
As October draws to a close, optimism around Bitcoin price prediction 2025 is heating up.…
