Dear GT Protocol DAO Members,
We are excited to propose the launch of the $GTAI token on the Ethereum blockchain. Specifically, we aim to enable bridging from BEP-20 to ERC-20, allowing $GTAI to operate on both the BNB Chain and the Ethereum network. We aim to provide a multitude of advantages for our ecosystem and strengthen our ties with the Ethereum community.
GT Protocol will collaborate with ChainPort, a reputable bridge service provider, to guarantee a seamless transfer of $GTAI across the BNB and ETH blockchains. Additionally, ChainPort will support cross-marketing initiatives and help in getting the $GTAI contract address whitelisted on ERC-20 through diverse partner platforms, such as CoinGecko and EtherScan.
No, the total supply will not increase. We only will enable holders to swap $GTAI between the BEP-20 and ERC-20 networks.
We have secured partnerships with several centralized platforms, which have committed to supporting the launch of $GTAI on Ethereum, either immediately upon launch or shortly thereafter. This collaboration guarantees that $GTAI holders will have seamless access to their tokens across multiple platforms.
Additionally, we are thrilled to announce that $GTAI will also be supported on Uniswap, one of the leading decentralized platforms on the Ethereum network. By securing listings on both centralized and decentralized platforms, we are enhancing the accessibility of GTAI tokens within the Ethereum ecosystem.
$GTAI can be swapped between BSC and ETH (and vice versa) at a 1:1 ratio through ChainPort. This process is designed to be quick, taking only a few minutes, and user-friendly.
Should this proposal receive approval, we plan to implement our strategy in the initial weeks of April. The precise date will be communicated through our social media channels. Beyond utilizing our network of partners to bolster the cross-chain bridge on its launch day, we will further amplify the event's visibility through online advertisements and various marketing efforts.
We now invite all members of the GT Protocol Ecosystem to cast their vote on the proposition of launching $GTAI on the Ethereum blockchain. Your participation is vital in shaping the future direction of our ecosystem and the potential broadening of our token's utility.
Please cast your vote by replying to this proposal with your preference.
This document is intended solely for informational purposes and should not be interpreted as legal, financial, or investment guidance. We urge participants to seek advice from professional advisors and to undertake their own investigation prior to participating in any activities. The project team and organizers will not be liable for any financial losses or legal consequences. Additionally, participation in this DAO proposal and any related events is prohibited for residents of the USA, Canada, Tunisia, Qatar, Nepal, Morocco, Iraq, Egypt, China, Bangladesh, and Algeria. Participants should not expect any profit or appreciation in the value of the $GTAI utility token as a result of this event.