FAQs

What Chain are we on?

The Gnox Protocol is built upon the Binance Smart Chain. Binance offers quick transfer speeds, low fees, and high scalability.

How do I buy $GNOX tokens?

$GNOX is available to purchase on Pancakesawp, a leading decentralized exchange on the Binance Smart Chain.

Why 10% tax, and when is it applied?

  • 1% of every transaction is redistributed to holders in $BUSD.

  • 1% of every transaction is transferred into the Liquidity Pool for Pancakeswap to create a stable price floor.

  • 6% of every transaction is transferred into the DeFi Treasury, *see treasury section.

  • 2% of all transactions are dedicated to marketing efforts to create a consistent flow of new users and token price appreciation.

How often do I get paid my rewards?

Redistribution rewards are paid out every 60 minutes. The DeFi treasury rewards are paid out every 30 days.

Can I sell and withdraw anytime?

Yes, investors are free to buy and sell $GNOX tokens as they see fit.

Why am I not receiving any rewards?

Redistribution rewards are directly related to trading volume and $GNOX holdings. With higher trading volumes, there are higher and quicker rewards. A bigger bag of $GNOX gets higher and quicker rewards.

The DeFi treasury rewards are airdropped every 30 days.

Do we burn our tokens?

Apart from at genesis, where we will burn any unsold presale tokens to help increase the initial price, we do not burn our tokens.

Are airdrops real?

Unless the airdrop is announced on our official channels, it is a scam. We will never directly message you for any information. Please make sure to follow the links on our official page.

This is because our treasury rewards from DeFi protocols will be exchanged and bought directly from the secondary market, causing the buying power to increase $GNOX’s intrinsic price. The purchased $GNOX will be airdropped to our holders in proportion to your holdings.

Is the smart contract audited?

We have successfully undergone a full comprehensive audit with Solidproof.io which can be found here.

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