what's Graphite Protocol?
Graphite Protocol is a decentralized platform designed to empower creators in building and managing Web3 projects with ease. It provides a suite of no-code utilities aimed at both technical developers and newcomers, facilitating the creation of digital assets like NFTs and interactive experiences. The protocol operates across multiple chains, including Solana, Ethereum, and Polygon, positioning itself as a versatile standard for Web3 content creation and distribution. The native GP token serves as the core utility asset within the ecosystem, used for payments, minting, and governance. When transactions occur without GP, fees in other currencies (such as SOL, ETH, or MATIC) are converted to buy back GP, fostering demand through a deflationary mechanism. With a fixed supply cap of 150 million tokens, GP enables functionalities like staking and lending, enhancing its role in sustaining the protocol's operations and incentivizing participation. Beyond standard NFT minting, Graphite Protocol innovates by integrating gaming elements, such as developing casino games and other interactive applications. This expands its utility into entertainment and play-to-earn models, bridging creative tools with immersive digital economies while maintaining a focus on accessibility and multi-chain interoperability.
Graphite Protocol ($GP) price rose after World Liberty Financial approved USD1 adoption incentives.
contract
solana
Graphite Protocol ($GP) is mentioned as showing price increases following World Liberty Financial's governance proposal approval to use treasury funds for USD1 adoption incentives.
The @ape_church airdrop now distributes 240,000 GP tokens per claim, up from the previously reported 110,000 GP, with the time-limited claim period still active.
The @ape_church airdrop distributes 110,000 GP tokens per claim, down from the previously reported 500,000 GP, with the time-limited claim period still active.
The active @ape_church airdrop distributes 500,000 GP tokens per claim, increased from the previously reported 250,000 GP, with time-limited claim period still ongoing.
An airdrop of 250,000 GP tokens is live through @ape_church with a time-limited claim period.
A strategic $GP reserve is announced.
Tokenomics restructured with emissions tied to revenue to prevent dilution, team expands with new COO hire, and LiveBonk relaunches with two confirmed ICM launches.
Token experiences parabolic movement with $7M daily volume despite thin liquidity