Token Utility

As tools are developed and integrated, the GOOD token gains practical utility within the ecosystem. It aligns user incentives with the utility of the token, fostering a robust and sustainable marketplace. GOOD token has utility in governance, staking, and as a means of payment within GOOD Marketplace ecosystem.

Staking Rewards

Stake GOOD tokens and earn ETH rewards. The more GOOD you stake the more ETH rewards you will earn. Note that there is a 48-hour unstaking period.

Resources for staking rewards pool 1% from GOOD trading volume (buy/sell) 1% from NFT sale tax (if no donation added) % from donations - for more details refer to this section >>

Platform Activity Rewards

GOOD token stakers are rewarded upon GOOD Marketplace platform activity. Specifically for donation activities. The more donations that are made through NFT transfers, the more activity rewards in ETH are generated and distributed to the GOOD stakers. To qualify for the Activity Rewards Program, you have to stake some GOOD tokens. Your share of ETH rewards will depend on the proportion of your GOOD tokens staked. The more tokens you stake, the greater your rewards.

Governance and Voting

Holding GOOD Pass or WOLF Pass NFTs entitles holders to participate in important votes on the GOOD Marketplace platform. Votes can cover a wide range of important topics, including platform upgrades, governance changes, and allocation of resources. This enables the community to actively shape the platform's future.

Means of Payment

The GOOD token is also a payment instrument within the GOOD Marketplace platform. In the next phase of the platform's development, we also expect the involvement of merchants who will accept the GOOD token as a payment instrument for the provision of their services and goods.

Other Incentives

GOOD Marketplace will also distribute GOOD to encourage activities that benefit the platform and GOOD ecosystem as a whole.