As part of #VLRM's acquisition of @GSXGroup, the utility token of @GATENetOfficial DFMI platform, the #GATE Token, has been absorbed into the #VLRM ecosystem. This presents a unique opportunity to maximise the utility of #GATE Token, whilst seeking to align the interests of both shareholders and token holders, including but not limited to:
 
●     Discounted trading fees on #VLRM marketplaces through paying fees in #GATE Tokens;
●     #GATE Token rewards through staking GATE Tokens on the GATE Token staking site https://t.co/WBBJkBbQRY).
Rewards are paid by GATENet which allocates a split of the transaction fees it collects through the licensing of the GATENet technology (e.g., 40%) as rewards to GATE Token stakers;
●     GATE Token deflation through token burning by GATENet, which allocates a split of the transaction fees it collects through the licensing of the GATENet technology (e.g., 40%) to buy and burn GATE Token (resulting in a reduced supply)
●     GATE Token stakers being able to vote on motions proposed by Valereum to GATE Token holders (e.g., the split of rewards vs burning ratio)
●     #VLRM Capital will allocate some of the gains it makes on its activities to buy and hold GATE Token as a long term strategy (on the VLRM balance sheet) and buy and burn GATE Token, further reducing supply.

This also includes our partnership with OTSea, the leading provider of Over The Counter, Peer-to-Peer Trades on Ethereum.  As a result, $GATE holders now have the opportunity to initiate OTC transactions directly at https://t.co/l8tSVysVSM, as well as within our Telegram channel using OTSea’s “MiniBot”, a webapp which provides instant access to their platform. This marks a significant milestone for $GATE and underscores our commitment to enhancing accessibility and utility for our community. Join us in celebrating this exciting development!

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