Goji Crypto Rewards Explained

With GojiSwap Exchange on the horizon I feel like its is a perfect time to prepare a plan. During this article we will be going over the reward structure in depth. I will also give you a little information on how I am planning to take advantage of this amazing opportunity.

HANU MIA GOJ GABA

Using Gojiswap Exchange there is one main function that will earn you rewards. It is called ‘staking’. Staking cryptocurrencies is a process that involves buying and setting aside a certain amount of tokens to become an active validating node for the network. By simply holding these coins, the buyer becomes an important piece in the network’s infrastructure and is compensated accordingly. The rewards are usually split between the pool on a per block basis. Those who have a bigger percentage of the total pool will get rewards proportionate to that percentage. Blocks are files where data pertaining to the network are permanently recorded. A block records some or all of the most recent transactions that have not yet entered any prior blocks. Thus, a block is like a page of a ledger or record book. So in these equations think of blocks as time. One block on the ETH network is about 10–20 seconds. Knowing how long you have been staked and how much you have staked compared to everyone else are the data points used to calculate your rewards. The reward we are after in particular is called Safaia Gabanansu traded as GABA and it is the Goji Crypto Governance Token.

That compensation for staking is what we are after! Think of it as a high interest savings account! — CBW

Safaia Gabanansu (GABA)

Before we can get into Gojiswap and the reward system let’s talk ratio. HANU is the least valuable token and GABA is the most valuable. Right now you can get HANU on UniswapV2. Once you have HANU you can then swap for MIA and GOJ. Below are the ratios. Using these ratios and the current price of HANU you can start to understand what the price difference might be between all these tokens.

1 MIA = 1K HANU
1 GOJ = 1M HANU
1 GABA = 1B HANU

1,000,000,000 HANU = 1,000 GOJ
1,000,000 MIA = 1,000 GOJ

1 GABA = 1,000 GOJ

Now that you have the ratio all figured out let’s break down some of these rewards if you were to stake. You have an option to stake up to 3 tokens. If you stake 2 assets you will get a 10% increase in rewards. If you stake all 3 you will get a 20% increase in rewards. Below you can see a breakdown of the rewards.

Gojiswap Exchange

If you are just staking 1 asset here are the rewards:

xHANU — — — — Earn yGABA/Block

xMIA — — — — — — — — -Earn 1KyGABA/Block

xGOJ — — — — — — — — — — — — — -Earn 1MyGABA/Block

If you are staking 2 assets here are the rewards:

xHANU + xMIA — — Earn y + 10%GABA/Block

xHANU + xGOJ — — — —Earn y +10%GABA/Block

xMIA + xGOJ — — — — — — — — — Earn y +10%GABA/Block

If you are staking 3 assets here are the rewards

xHANU + xMIA + xGOJ = y + 20% GABA/Block
+5% increase every 6 months staked.

Using all three tokens HANU MIA and GOJ will earn you 20% more than if you just staked HANU. There are even added rewards if you are staked for longer than 6 months. There are some huge gains up for grabs if you end up staking all 3 assets HANU MIA and GOJ.

For example:
If you have 3 assets staked the whole time you will then be rewarded as follows:
1-6 Months Staked
y + 20%GABA/Block
6–12 Months Staked
y + 25%GABA/Block
12–18 Months Staked
y+30%GABA/Block
18–24 Months Staked
y + 35%GABA/Block
24–30 Months Staked
y+40%GABA/Block
36–42 Months Staked
y + 45%GABA/Block

This is the way if you want to receive the maximum amount of rewards. I would suggest this plan to people who consider themselves long term holders. I know we went over a lot of rewards already but there’s actually another layer of rewards you can earn if you put your GABA “to work” for you.

Please note accrued GABA will be available at a linear drip of 30 days from time of harvest. GABA is the ecosystems most valuable coin and also the governance token. I won’t be dumping my GABA I will be actually staking it to get ETH and USDC.

After staking your HANU MIA and/or GOJ you will accumulate a bag of GABA. You can then stake your GABA to earn you additional rewards in ETH and USDC.

25% service fee revenues will be distributed to those who choose to stake their GABA. This is the last step to ‘making the most’ out of GojiSwap. If you stake GABA you will earn a percentage proportional to your stake in the 25% of ETH or USDC.

xGABA — — Earn ETH + USDC

Personally, I will be using the USDC and ETH that I will be rewarded to buy more HANU and increase my position, compounding my rewards. Another option is to use the stability of ETH or USDC (an actual stable coin) as a good way to take profits. You will not have to sell off any of your tokens but you will be able to start making your initial investment back with these rewards. You can always just sell your GABA to take profit too. This way you are making money at a steady pace while you are waiting for HANU MIA and GOJ to really moon.

Below is a visual representation of the information above.

Gojiswap Exchange Reward System Breakdown

I know it is a lot to take in, but if you put your 5 Ps to work now and your start preparing properly you may be looking at the road to generating passive income using your investments.

Proper Preparation Prevents Poor Performance so let’s get you prepared! There are a couple different ways to go about making the best of the swap. All plans do start with one step, get a big bag of HANU. Since all tokens trade into HANU right now that should be your main goal. I am going to be buying the dips getting as much as possible every time working towards my goal. Be mindful of transaction fees. If you are bullish on HANU don’t be afraid to pull the trigger. DYOR and trust your instincts. If your gut tells you to buy in smaller increments just keep in mind the more transactions it takes to reach your goal the more transaction fees you will rack up thus it will take more fiat to reach your goal. Once I have reached my set goal of HANU acquired I will then start to trade my HANU for MIA and GOJ evening out my bag between the 3 of these. I will be trading 25% of my HANU for MIA and 25% of my HANU for GOJ.

For example if my goal for HANU is get One Billion.

When reaching my 1B HANU Goal:
I would convert
250M HANU into 250000 MIA
I would convert
250M HANU into 250 GOJ

I would then be able to stake:
500M HANU + 25000 MIA +250 GOJ = y + 20%GABA/Block
+5%GABA/Block every 6 months staked

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Please note this is not financial advice

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I am an Artist, A Writer and a Crypto Junkie

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CryptoBokiWop

CryptoBokiWop

I am an Artist, A Writer and a Crypto Junkie

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