$GGG Dividend Mechanism

How to Use $GGG for Dividends:

Holding $GGG allows users to participate in platform dividends. The dividend process has three stages: Dividend Locking, Dividend Voting, and Dividend Distribution.

1. Dividend Locking

When the dividend pool reaches or exceeds $50,000 USDT, and the amount is between 1% and 50% of the treasury's total value, the smart contract will automatically initiate the dividend locking process.

2. Dividend Voting

• Initiate and Participate in Voting

During the dividend voting stage, users can initiate voting requests for specific dividend amounts by staking $GGG. $GGG holders can stake $GGG to participate in the voting process. Each user can participate in multiple dividend amount votes simultaneously, but each vote requires staking the corresponding amount of $GGG. The staked $GGG will be unlocked when the next dividend locking process begins, allowing users to initiate new voting requests and participate in new votes.

• Voting Mechanism

The initial voting period is set for 22 hours. If the voting period is less than one hour and a user adds a new dividend amount vote, the voting period resets to one hour. For example, if the voting period has 50 minutes remaining and user A initiates a new dividend amount vote, the voting period resets to one hour. To add a new dividend amount vote, a user must stake more $GGG than the previous user. For example, if user B stakes 1000 $GGG to request a 30% dividend from the pool, user C must stake more than 1000 $GGG to request a 40% dividend.

• Determining Dividend Amount

After the voting period ends, the dividend amount with the most staked $GGG becomes the actual dividend amount for that period.

3. Dividend Distribution

Once the governance process is complete, users will deposit their $GGG into the dividend pool for distribution. Based on their proportionate share, the dividends will be automatically transferred to each user's wallet by the smart contract.