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A summit dedicated to blockchain technology.

Release time: 2020-09-26

White Paper:

The DeFi lending protocol GoldFinch announced the launch of the protocol Token GFI, which has retroactively airdropped Senior Pool and Flight Academy participants: On January 12, the DeFi lending protocol GoldFinch announced the launch of the protocol TokenGFI, which will be mainly used for community governance, endorser staking, and audit staking with voting, community donations, and more. The total amount of GFI is 114,285,715, of which 4% have been retrospectively airdropped to Senior Pool participants, and 2.85% have been allocated to Flight Academy participants. The official also stated that SeniorPool has started liquidity mining.

As previously reported, Goldfinch announced on January 7 that it had completed a US$25 million A+ round of financing, led by a16z, and well-known hedge fund manager Bill Ackman, encryption investment institution BlockTower and investment management company Kingsway Capital participated in the investment. [2022/1/12 8:42:51]

Maximum supply:

GatlingFinance has officially deployed the Huobi ecological chain and launched single-currency non-destructive mining at 20:00 tonight: Gatling Finance is the first decentralized compound asset passive investment platform based on the Huobi ecological chain. The development team has not accepted any institutions Investment, no pre-sale, zero reservation by the team, the only token contract 0xa352baa250dea5a279c825cf826891d9543bf21c, has been open sourced on GitHub and deployed to the Heco browser.

At present, Gatling Finance is being audited by Beijing Zhichuangyu and Zero Time Technology Security Company, and the audit results will be announced on the entire network after the announcement. [2021/1/25 13:27:22]

Total supply:

Longfin CEO Venkat Meenavalli: The market value the company has reached is 'not very realistic': After the fintech company Longfin acquired a cryptocurrency company, its market share rose by more than 1,000%. But the CEO doesn't think that should be the case. “We’re a profitable company and we’re very excited about it,” Longfin CEO Venkat Meenavalli said on CNBC’s Fast Money, later adding that the market value the company had reached was “not very realistic.” [2017/12/20]

Core algorithm:

Incentive mechanism: DPOS+POC

GFCC is a public blockchain system based on the DPOS+POC hybrid consensus mechanism, which aims to build a credible ecological scenario for thousands of application scenarios and hundreds of millions of people. This project focuses on improving the over-centralization problems existing in DPOS, and innovatively proposes a DPOS+POC hybrid consensus mechanism, and has made a lot of optimizations in node voting and final confirmation of transactions. At the same time, through the credit reward and punishment and voting mechanism, it is possible to greatly improve transaction efficiency and resource consumption under the same security conditions.

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