Before we delve into the definition of G-Staking, we can ask ourselves this question first: What is Staking?
Staking means keeping digital assets in a certain crypto space to help the operations of a blockchain network. Specifically, these cryptocurrencies will be frozen to help the network flow because, if you think about it, if the crypto amount that was initially put in would be able to freely move, the blockchain network wouldn’t be sustainable.
For those who are willing to put their cryptocurrencies to be frozen, rewards will be given to them accordingly. This is staking. For the most part, the process is based on user participation in blockchain activities through a personal crypto wallet.
Staking concept is closely related to the Proof of Stake (PoS) mechanism. So now one would ask, what is “G-Staking”, then? First, G stands for either GMM or Gold, anyone could call it at anyone’s discretion.
The important thing is the fact that GMM business program is directly invested in gold. All accumulated gold is directly connected to our coin, protecting it as a real asset in the bank and trusting it to have the safest gold standard and its value of the coin will only increase with time.” When GMM meets staking, naturally it becomes G-Staking, simple as that.
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