GPT-Grace Period TokenDetailed Description

GPT-Grace Period Token Detailed Description

GPT (Grace Period Token) is a token used to delay liquidation of collateralized assets. It can also be mined by using ECRC-20-compliant EFG mortgages. GPT is designed through ECRC-20-compliant smart contracts, providing a total of 10,000 tokens. GPT provides contract liquidation deferral requirements as it can be used to increase the grace period for margin calls. It has become the main factor in the protection of investors' risk deferral interests in EFG's lending behavior.