What Is Good Fire Token (GF)?

What Is Good Fire Token (GF)? Complete Guide Review About Good Fire Token.

What Is Good Fire Token (GF)?

Good Fire Token has 13% tax on every transaction. 3% is redistributed to all holders in $GB, 9% is used for the dynamic GM, GB, GF burn and 1% is added to liquidity. The community may vote to end the project and receive back the initial investment or the treasury can be executed partially, roughly 30-50%. With this mechanism in place, the market price should pump back up to the backing price that is advertised.

They will collaborate with other DAO projects, and will have at least three GameFi projects that will adopt our $NRK token as currency, which we have already invested in. The three games will adopt your protocol and will be released in Q1, 2022. A focus on GameFi currency circulation will hopefully solve the problem of inflation in crypto games.

Good Fire Token Storage Key Points

Coin BasicInformation
Coin NameGood Fire Token
Short NameGF
Circulating SupplyN/A
Total Supply1,000,000,000
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Official Project WebsiteClick Here To Visit Project Website

What are the advantages compared to Wonderland?

Wonderland is definitely a very successful project and wish that each Olympus fork could collaborate to build bigger ecosystems and make it healthier. Good Fire Token Has a long way to grow. After all, your focusing goal is different. It depends on whether their chain and SDK will succeed. probably will. As a DAO focus on Game-Fi fork, $RON might be a good choice to take in compared with $WAX. $BSC has succeeded and they see the trend of Fantom and Polygon rising.

Will you be wrapping the NRK token and use them across chains?

Yes and they will accomplish that process. to support different chains, assets will be balanced to each chain. Each project is multi-chain now.Managing just one chain and DAO is difficult. This plan involves a lot of effort and testing. And the games are in multiple chains to add to complexity.The game integration (separate dev team) will start a few weeks after the dao launch.

The first priority is to get the DAO up and running correct. They have a team of experienced developers working on this for nearly 2 months. For the game side, it depends on game development progress and their willingness to adopt your protocol.Those games we already invested in are sure to adopt.

13% Tax on Every Transaction

3% redistributed to all holders in $GB
9% dynamic GM, GB, GF Burn
1% added to Liquidity

How does it burn?

Good Fire was created to burn the Good Bridging Token and to burn itself. Every day, 3% of all trading volume on GoodFire is used to buy and burn tokens from various avalanche projects. This process is dynamic. Community will decide which projects will burn by voting on the official GoodFire pool. Every day, 3% of all trading volume on GoodFire is used to buy and burn Good Bridging tokens.

Every day, 3% of all trading volume on GoodFire is used to buy and burn GoodFire tokens. Burning ratio (3/3/3) is dynamic and susceptible to change. Community can decide to use all 9% tax to burn one specific project.

Download & setup MetaMask

Download MetaMask (a crypto wallet in the form of a browser extension). After that, you will have to add the Avalanche C-Chain to your network-list. (Click here for a step-by-step tutorial). Buy Good Fire Token on an exchange (i.e. Binance, Kraken, Coinbase etc.). Transfer the tokens to your Meta Mask wallet address. If you hold ETH, you can use the official AVAX Bridge.

Go to Trader JoeXYZ and swap AVAX for GF tokens

Swap Good Fire Token for GF. Now you need to add GF contract address to your MetaMask to view your $GF. Be careful so you don’t get burned! GF has 13% tax on every transaction! Set the slippage tolerance to 13% (sometimes it may be up to 18%, depending on how much demand there is).