It utilizes a basket of fiat-pegged stablecoins, algorithmically stabilized by its reserve currency GCS, to facilitate programmable payments and open financial infrastructure development. As of December 2020, the network has transacted an estimated $299 billion for over 2 million users
GRECAS platform on which the WBGCS coin is based conceptualized anonymous developer into cryptocurrency with a brand new approach to token farming and deflationary curr ency. DeFi coin as a proposal against inflation and full utility, inertly cultivating burn the token. WBGCS Token it is the main static reward token for holders. GRECAS uses advanced static agriculture incentive algorithm holders for placing large positions and keep it. Every time the owner of the token closes part of its position 5% of their closure will be distributed among all other holders, mostly bringing more reposts to the user free, plus 0.5% in new platform tokens. With a regular monthly burn 1,000,000,000,000 (trillion) tokens from the original supply pool will be constantly destroyed. Burning a token is strategic anti-inflationary a measure that guarantees the value of the coin will not become drowned out by its supplies.
As the demand for WBGCS soars the supply is reduced following
the aforementioned token burns and static farming protocols.
This procedural deflationary tactic accelerates the demand
curve exponentially, as the supply curve drops and users are
forced to purchase at a higher price to meet the demonstrated
demand at lower and lower supply levels
