FAQ
Q1: What minimum amount of $GEMS should I hold to get the GEM rewards?
No fixed minimum number of GEMs is required; instead, the number of GEMs earned scales with your trading volume.
Q2: What is the $NODO token listing price?
The listing price for NODO tokens is set at TGE. An example provided is ~$0.005 per token for the 2M volume tier. Final listing prices will be confirmed at TGE, but the discount mechanism is designed relative to that base price.
Q3: What is the ratio of $GEMS held to $XP Shares received?
The ratio is not fixed; it is determined by an internal, tiered formula that factors in trading volume and other engagement metrics. The system rewards higher activity with a more favorable $GEM-to-$XP Share conversion.
Q4: Can GEMs be used for any purpose other than holding?
$GEM tokens can be redeemed for NODO tokens at preset conversion rates, which improve over time with more extended lock-up periods.
You can also use $GEMS to make predictions for free on the NODO Prediction Market.
Q5: Can I swap $XP or $NODO tokens for $GEMS?
$GEM tokens are earned through trading activity. There is no direct conversion from $XP or $NODO tokens to $GEMs. $GEMS are allocated based on the user’s trading performance and volume thresholds.
Q6: Are $GEM tokens more valuable than $XP?
Yes, GEM tokens are designed to be more valuable than $XP due to the following advantages:
Higher Discounts: $GEM tokens offer discounts on $NODO tokens via more favorable conversion rates.
Direct Redemption: $GEMs can be directly redeemed for NODO tokens at preset, improving conversion rates.
Dual Rewards: GEM holders also receive $XP Shares, thus enjoying the benefits of both reward types.
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