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Glitch Protocol (GLCH) is a custom decentralized finance (DeFi) blockchain designed to support mass adoption of permissionless applications. With a singular focus on decentralized financial applications and trustless money markets, Glitch aims to reinvent money markets and reduce transaction costs while rewarding every participant. It provides industry-leading transaction speeds and a sub-second block time latency rate, with a minimum of 3,000 transactions per second (TPS) that increases as the network grows. Glitch also features a groundbreaking reward mechanism that incentivizes community support, ensuring low transaction fees for all ecosystem participants.
Glitch Protocol stands out for its interoperability, allowing users to seamlessly swap assets between the Glitch ecosystem and different blockchains through its unique bridging infrastructure. The protocol utilizes a decay Nominated Proof of Stake system, ensuring a democratic network where no individual can gain control. GLCH, the native token of the Glitch Protocol, has a total supply of 88,888,888 tokens, with a circulating supply of 71,558,187 tokens. With Glitch Wallet, a free and open-source client-side interface, users can easily interact with the Ethereum blockchain and generate wallets securely. The Glitch ecosystem also includes other products such as the Glitch Decentralized Exchange (GEX) and staking campaigns for token holders.
Supported by a vision to serve the underserved better, Glitch Protocol is paving the way for the widespread adoption of decentralized finance. With its scalable, low-cost, interoperable, and democratic features, Glitch unlocks permissionless applications’ power, making DeFi accessible to all while rewarding participants. Whether it’s swapping assets, staking, or accessing decentralized financial services, users can rely on Glitch Protocol’s secure and efficient blockchain infrastructure to engage in a seamless DeFi experience.
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