A decentralized and secure stablecoin platform requires a group of ‘governors’ to maintain its operations. For WaykiChain, WGRT is the governance token of the WUSD stablecoin. And whoever holds WGRT becomes a governor. WaykiChain distinguishes itself from other stablecoins by having its own WUSD as the underlying public chain stablecoin. Now it also has another coin which is called WICC, which has its own set of governors. In order to bridge the two economies, WGRT is used as a reward during the voting of super nodes in WICC. And by the way, any governor that meets the system requirements can submit proposals, which could change how the system works. Of course, a proposal has to go through a series of steps in order to be passed as a new implementation. The community will ultimately decide if a proposal should be passed via voting. The total number of issued WGRT is 21 billion, and the initial value will be $0.01. In the coming weeks, WaykiChain will likely get this coin listed in an exchange so stay tuned.
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02-06-2020, 09:18 PM #1
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Let me introduce WGRT, the governance token of the WaykiChain and why I will invest
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