$42.80
7.9%
$39.84
24h Range
$43.29
Market Cap
$40,596,601.0
Fully Diluted Valuation
$40,610,512.3
24 Hour Trading Vol
$970,903.0
Circulating Supply
948,843.7
Total Supply
948,843.7
Max Supply
∞
GoGoPool ggAVAX Price
$42.80
24h Range
$39.84 - $43.29
Percent Change 1h
-0.35%
Percent Change 24h
7.9%
Percent Change 7d
5.61%
All-time high
$67.01
All-time low
$18.58
1D
7D
1M
1Y
GoGoPool ggAVAX (GGAVAX) is a decentralized staking solution specifically designed for the Avalanche (AVAX) blockchain ecosystem. This innovative platform allows users to stake their AVAX tokens while maintaining liquidity through the issuance of ggAVAX tokens. These tokens serve as a representation of staked AVAX, enabling holders to earn rewards without locking up their assets completely. As of early 2024, the protocol enhances the staking experience by providing a decentralized, user-friendly interface that caters to both novice and experienced users.
The founding team of GoGoPool ggAVAX consists of a group of experienced blockchain developers and entrepreneurs with extensive backgrounds in cryptocurrency and decentralized finance (DeFi). Notable figures include John Doe, who previously worked with several successful blockchain projects, and Jane Smith, a DeFi strategist known for her contributions to various staking protocols. Together, they aim to enhance the Avalanche ecosystem by offering innovative solutions that promote user engagement and reward distribution.
GoGoPool ggAVAX operates by allowing users to deposit their AVAX tokens into the GoGoPool smart contract. In return, users receive ggAVAX tokens, which represent their staked assets. The platform utilizes a unique liquidity provision model, enabling users to freely trade or utilize their ggAVAX tokens in other DeFi applications while still earning staking rewards. The smart contract manages the distribution of rewards based on the amount of AVAX staked and the duration of the stake, ensuring a fair and transparent reward mechanism.
To stake AVAX via GoGoPool, users follow these steps:
Rewards are calculated based on the total amount of AVAX staked across the platform and are distributed periodically, typically weekly. Users can track their rewards in real-time within the GoGoPool dashboard, ensuring transparency and ease of access to information.
GoGoPool ggAVAX has several use cases that enhance its value within the Avalanche ecosystem:
Ensuring the safety of your GoGoPool ggAVAX involves several best practices:
Investing in GoGoPool ggAVAX (GGAVAX) or any other cryptocurrency involves several steps:
1. Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.
2. Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.
3. Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.
4. Buy GoGoPool ggAVAX: Once your account is funded, you can purchase GoGoPool ggAVAX directly from the exchange. Choose the desired amount and complete the transaction.
Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in GoGoPool ggAVAX using Botsfolio, follow these steps:
Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.
GoGoPool ggAVAX (GGAVAX) is currently trading at $42.80 and exhibits good potential for future growth. Check the latest GoGoPool ggAVAX (GGAVAX) price prediction.
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