GIFT Weekly Update #3

Product Announcement #1: GIFT NFT Sending

  1. User approves their NFT on the GIFT platform and pays the small BNB fee.
  2. User receives a custom link to share with the recipient.
  3. After clicking the link, the recipient can redeem the NFT into their crypto wallet.

Product Announcement #2: Large Cap GIFT Bundle

  1. User selects their cryptocurrencies ($BTC, $ETH, $ADA, $DOGE, $DOT, and more to choose from) for the GIFT Bundle.
  2. User selects the Bundle value and pays a single payment in BNB.
  3. The recipient gets their custom link and redeems their tokens — getting a wallet full of top cryptocurrencies in just a few clicks!

Product Announcement #3: GIFT USD Redeemable Vouchers

  1. User selects their BUSD voucher amount and pays on the GIFT platform.
  2. They share the custom link with the recipient.
  3. Upon redemption, the recipient can choose what crypto they would like to redeem into.

Platform Update: GIFT Referral System

  1. Any individual, influencer or token community can register to receive a referral link.
  2. Whenever somebody uses that link to buy GIFT products, fees paid in BNB accumulate which the referer can withdraw at any time
  3. When a user buys a GIFT product, that crypto wallet is forever tied to the person who referred them to the GIFT platform. This enables influencers and crypto teams to get lifetime revenue when they bring a first time customer to the GIFT platform.

GIFT Staking FAQs Explained

  • There is no transaction fee or platform fee on GIFT staking (or farming)
  • The sGIFT tokens you receive is not meant to be a 1:1 ratio with the GIFT Tokens you stake, so it won’t show your exact number of GIFT. It’s just a value you get given to represent your share of the staking pool. If you were to unstake, you’d see that no GIFT has been taken away, and that you have in fact gained yield through staking.
  • The BNB fee is a penny Gas fee, which is charged on all transactions sent through the blockchain.

Keep up to date with GIFT

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