Holders - How It Works

How it works

The Community Grocery Store (CGS) platform empowers holders to participate in a revolutionary food ecosystem that combines blockchain technology, decentralized governance, and community-driven sustainability. As a holder, obtaining CGS tokens unlocks opportunities to shape the app’s future, vote on key proposals, and earn rewards for your engagement.

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Acquiring CGS Tokens: Step-by-Step

1

Option - DEX

How to acquire tokens using a wallet

Obtaining CGS tokens through a DEX like Uniswap allows holders to take full control of their assets using blockchain wallets. Here’s how to get started:

1
Set up a wallet

Download and install a compatible wallet such as Metamask, Trust Wallet, or Coinbase Wallet. These wallets allow you to securely store and manage your CGS tokens.

2
Fund your wallet

Add cryptocurrency (e.g., ETH) to your wallet. This currency will be used to trade for CGS tokens.

3
Connect to uniswap

Visit the Uniswap platform and connect your wallet. This establishes a secure link for transactions.

4
Acquire CGS tokens

Enter the CGS token contract address and exchange your cryptocurrency for CGS tokens. Tokens are instantly deposited into your wallet.

Advantages

Direct control of your tokens.

Lower transaction fees and high transparency.

No reliance on third-party platforms.

2

Option - CEX

How to acquire tokens using an exchange

Holders new to blockchain may find it easier to purchase CGS tokens through a trusted centralized exchange such as Binance, Kraken, or Coinbase.

1
Create an account

Sign up for an account on a CEX and complete the necessary verification process.

2
Fund your account

Deposit fiat currency or cryptocurrency to your account.

3
Acquire CGS tokens

Navigate to the trading section, search for CGS, and execute a purchase order. Tokens are stored in your CEX wallet.

4
Transfer tokens to a personal wallet:

To participate in CGS governance and voting, transfer tokens from the CEX to a blockchain wallet such as Metamask.

Advantages

Simplified purchasing process.

Higher liquidity for large trades.

User-friendly interfaces for beginners.

Governance: Your Role in Shaping CGS

By obtaining CGS tokens, holders gain a voice in the platform’s governance through the Decentralized Autonomous Organization (DAO). This empowers you to vote on proposals and contribute to the evolution of the app.

How Governance Works

1
Proposal submission

Any community member can submit ideas to improve the platform. Proposals are structured and reviewed to align with CGS’s mission.

2
Voting

Token holders cast their votes for or against proposals using their wallets. Votes are weighted based on the number of tokens held

3
Validation & quorum

Votes are validated, and a quorum is calculated to ensure decisions reflect the majority.

4
Implementation

Approved proposals are executed, leading to continuous improvements in the platform.

5
Governance rewards

Token holders who actively vote receive periodic rewards as a recognition of their engagement. Rewards grow with the app’s success, providing an ongoing incentive to participate.

Rewards for holders

Holders play a vital role in CGS’s ecosystem, and their active participation is recognized through rewards.

Incentives for voting

Governance participants receive rewards proportionate to their token holdings and engagement. Rewards are distributed monthly to all confirmed voters.

Aligned with growth

As the app grows and transaction volumes increase, governance rewards also grow, creating a sustainable cycle of engagement and reward.

Fair distribution

Rewards are designed to encourage long-term participation while ensuring equitable distribution based on token holdings.

Compliance Note: Rewards are incentives for participation and are not guaranteed returns. The CGS platform adheres to all applicable regulations, ensuring transparency and fairness.

Why Join CGS?

Holding CGS token is more than a financial decision—it’s a commitment to driving innovation, sustainability, and community empowerment. With CGS, you’re part of a groundbreaking movement to transform the food industry while benefiting from:

Transparency

Blockchain ensures all transactions and governance processes are verifiable and secure.

Community impact

Directly support local growers and sustainable practices.

Technological innovation

Gain exposure to cutting-edge blockchain and AI technologies.

Scalability

CGS’s model is designed for global adoption, ensuring diverse opportunities for growth.