$GRACE token

Utility

$GRACE is the native utility token of the whole GRACE ecosystem. It offers numerous streams of utility:

• Direct payments for GRACE NET license. A company or project that wishes to integrate our solution and speed up its data transfer will need to pay an initial installation fee, followed by an annual renewal fee,, depending on the bandwidth that the project requires. It will also be possible to pay the integration and subscription fees using fiat, but payments in $GRACE will unlock discounts.

• Staking for discounts: projects that integrate GRACE NET can get discounts on initial licensing and renewal fees if they maintain a certain balance of staked $GRACE;

• Staking in GRACE CONNECT. End users who wish to speed up their mobile internet with the B2C app will get a discount on the monthly fee if they stake some $GRACE in the app, which also functions as a blockchain wallet. Staking amount and duration will partly determine how fast one’s connection via GRACE NET will be.

• Payment for full access in GRACE CONNECT: the only way to enjoy full-speed data transmissions via the CONNECT app is to pay a small monthly fee (around $3-5), preferably using tokens;

• Staking in yield farms. $GRACE liquidity providers who lock up their LP tokens in farms will receive extra rewards;

• Block rewards and transaction fees on the GRACE blockchain: as most DPoS (Delegated Proof of Stake) chains, GRACE Chain will reward its validators in both of these ways;

• Incentives for partners and affiliates: companies and influencers promoting GRACE NET can earn rewards in $GRACE through our affiliate program.