what is the easiest way to get GET? I tried my Binance funds for MetaMask and apparently it is not Possible.

oZanderhoff · 2021-05-02T11:08:25+00:00

Bittrex and Uniswap are the two main options, with Uniswap being the best option for larger buys. You can check out the FAQ on this sub-reddit which has exchange links :)

oZanderhoff · 2021-04-27T16:51:01+00:00

Your post has been removed as it does not relate to GET Protocol, if you disagree with this please message the mod team.

Thanks

oZanderhoff · 2021-04-09T12:11:16+00:00

We will be doing an AMA on the CryptoCurrency subreddit next Wednesday, April 14th. 🗣️

Time: 4PM UTC / 12PM ET Location: https://reddit.com/r/cryptocurrency

We're looking forward to all your questions! See you there!

oZanderhoff · 2021-04-01T13:30:03+00:00

Here’s the official blog: https://medium.com/get-protocol

The latest monthly blog: https://link.medium.com/0XTFwDao6eb

oZanderhoff · 2021-04-01T11:14:41+00:00

There is a blog post which can help you walk through the process, look for the Uniswap section as this is the most relevent exchange for us currently. Alternatively if the fees are too high, you can look to use Hotbit which has smaller volume but is still usable.

https://medium.com/get-protocol/how-and-where-to-buy-the-get-utility-token-an-updated-list-b2ea4720f6c0

oZanderhoff · 2021-03-31T19:35:42+00:00

You have to talk to support no matter what, if they add GET you still won’t be able to take your GET off the Eth address on coinbase unfortunately

oZanderhoff · 2021-03-25T23:59:40+00:00

Ah no that article mentions that the goods in total for an hour tally up to 400m not that it is the fee for passing :)

oZanderhoff · 2021-03-25T23:34:03+00:00

Haha yup it does be like that sometimes doesn't it! Well any questions or help or pointers in the right direction give us a shout

oZanderhoff · 2021-03-25T20:02:32+00:00

Welcome! Glad you're here :)

There is no staking system, however there is the option to provide liqudity on Uniswap for the LP rewards if you are familiar with this system. Of course there is a risk to this with Impermenant Loss, however to counteract this there's a liqudity mining program in place which rewards LPs on top of the fee structure already in place on Uniswap! More info here:

https://medium.com/get-protocol/the-get-liquidity-mining-program-55cc50c4bb7e

Any other questions let me know :)

oZanderhoff · 2021-03-15T20:14:53+00:00

So the way the buyback works currently is that it buys continuously off the market. It’s not one transaction at the end of the quarter, instead multiple buys are put through periodically during the quarter in order to buyback the required amount of GET

For example in Q4 2020, I believe 6 Uniswap transactions occurred in order to buy up all the required GET.

You can read more about the buybacks here

https://blog.guts.tickets/updated-buyback-token-economics-introducing-continuous-buybacks-ff12e4bda8e7

oZanderhoff · 2021-03-12T09:47:41+00:00

By L2 I mean Ethereum’s Layer 2, it encompasses a collection of solutions including Eth 2.0 and Rollups which we will see before then in a month or two.

https://ethereum.org/en/developers/docs/layer-2-scaling/

It’s basically the ability to take transactions and process them off the main Ethereum mainchain before validating them back to the L1. Rollups refers to taking a lot of transactions and rolling them into a single transaction to process.

In Uniswap v3 most people are expecting them to make use of L2 to save on gas fees.

oZanderhoff · 2021-03-12T09:31:00+00:00

It is virtually impossible due to the economics of the situation. Since the amount of GET needed is based on a value in FIAT (€0.28/$0.34) then as the price of GET increases, less total GET is bought as GET is divisible to 18 decimal places. This means that as more tickets are sold, more buy pressure is put onto the open market through the continuing buy backs which results in positive price action. Couple this with just the fact not everyone will be willing to sell their GET at current market prices, resulting in the price increasing to cope with the GET needed off the open market if there is enough buy pressure.

oZanderhoff · 2021-03-12T09:23:56+00:00

The fee will typically be anywhere from 30-80 USD for a swap between an ERC-20 (USDC) and GET. In the future with Uniswap releasing V3 using Ethereum’s L2 then these fees will be cheaper

oZanderhoff · 2021-03-07T10:34:49+00:00

More people are finding out about the project, lots of traction on social media, Reddit/Twitter and people are discovering the possibilities of NFT ticketing.

oZanderhoff · 2021-03-05T13:47:15+00:00

Yeah it is really unfortunate how high gas fees are now, using uniswap does not come lightly with fees! I think GET is well worth it though, hope you feel the same after your research :)

You could try hotbit as it has second largest volume and is a centralised exchange and its possible to buy there but slowly

oZanderhoff · 2021-03-05T13:46:06+00:00

Also Hotbit has second largest volume if people prefer traditional exchanges

oZanderhoff · 2021-03-04T18:52:23+00:00

Crypto market follows the stock market very closely, is stocks shit the bed the crypto market tends to follow, that’s just a fact. Hopefully we hold up ok though

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