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About GLR

GloryFinance focuses on blockchain technology and its applications across the financial industry. We provide integrated solutions, including applications, platforms, workforce development, and consulting services to accelerate the rate of DeFi adoption and contribute to creating a trustless and decentralized financial system.GloryFinance is an umbrella of 3 units:GloryFi - GloryFi Labs - SpinUpGloryFi is a Cross-chain aggregation and Liquidity Protocol that aims to solve the complexity and accessibility problems of DeFi making it easy and available to everyone. The Platforms provides a wide range of products responding to the need of all kinds of DeFi users while offering an unprecedented user experience through a genuine and unique customizable UI.GloryFi tackles the complexity problem by enhancing the user experience through maximum process simplification. Users can interact with the protocol and use all the products with few clicks and minimum friction. GloryFi provides easy tutorials for first-time users.GloryFi products UI is built following the wider tech industry standards. The platform offers unprecedented customizable interfaces allowing users to create personalized All-in-one dashboard to interact efficiently with the protocol.GloryFi Labs is the R&D entity belonging to GloryFinance. The Labs aim to develop and build innovative & sustainable DeFi products and facilitate the integration of Decentralized applications in conventional businesses. The Labs integrate MicroFinance services to DeFi and provide Blockchain infrastructure as a service to Financial institutions.GloryFi labs focuses on developing BaaS (Blockchain-as-a-service) products for corporate clients. The Blockchain platform for enterprises helps companies build and manage private Blockchain systems. The platform is built with dynamic scalability, interoperability, and security in mind. Therefore, it can help organizations across different industries enter the Blockchain space. A business can build its own private mainnet in 24 weeks. In addition, the platform offers 50% fewer transaction fees and gas fees compared to other popular private Blockchains.SpinUp Academy offers affordable, cutting-edge tech education that leads to employment in order to empower people, businesses, and society around the world. We provide Blockchain education for both Tech and non-tech-related learners to incubate talents, accelerate the adoption of web3 and upskill the young workforce.GLORY (GLR) is the native super-utility and governance token of the GloryFinance Ecosystem that serves as its ultimate backbone. With GLORY, users can diversify their portfolio with one token and earn a share of the entire Ecosystem's revenue. Holders can take part in the platform’s governance and participate in shaping its future along with many other benefits.

Glory Finance (GLR) is a cryptocurrency launched in 2023. GLR has a current supply of 30.00M with 0 in circulation. The last known price of GLR is 0 USD and is 0 over the last 24 hours. It is currently trading on active market(s) with $0 traded over the last 24 hours. More information can be found at https://gloryfinance.io/.

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GLR Price Statistics
GLR’s Price Today
24h Price Change
-$00.00%
24h Volume
$00.00%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#8502
GLR Market Cap
Market Cap
$0
Fully Diluted Market Cap
$110,844.15
GLR Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
GLR Supply
Circulating Supply
0
Total Supply
30.00M
Max Supply
150.00M
Updated Jun 20, 2024 9:21 am
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GLR
Glory Finance
$0
$0(-0.00%)
Mkt Cap $0
There's nothing here for now
BNB Chain Completes 29th Quarterly Token Burn, Eliminating $1.07 Billion in BNB
BNB Chain Completes 29th Quarterly Token Burn, Eliminating $1.07 Billion in BNB
The BNB Chain ecosystem has completed its 29th quarterly BNB token burn. The burn event, announced by the BNB Foundation, removed 1,772,712.363 BNB from circulation, valued at approximately USD 1.07 billion.Key Highlights of the 29th BNB BurnTotal BNB Burned: 1,772,712.363 BNBAuto-Burn Component: 1,710,142.733 BNBBTokens Adjustment Burn: 62,569.63 BNB, covering previous BTokens that were incorrectly omitted from past Auto-Burn eventsCurrent Supply After Burn: 144,099,981.1 BNBRemaining BNB to Burn: 43,533,387.84 BNBBNB's Auto-Burn Mechanism ExplainedBNB employs a deflationary Auto-Burn mechanism to gradually reduce its supply to a target of 100 million BNB. This quarterly process operates independently of the Binance exchange, adjusting based on the current BNB price and the total number of blocks generated on BSC. The funds are sent to a designated “blackhole” address (0x000000000000000000000000000000000000dEaD) on BSC, ensuring transparency and predictability in each burn cycle.Real-Time and Pioneer Burn ProgramsBNB Chain also implements a Real-Time Burn, introduced under BEP95, where BSC validators burn a portion of gas fees with each block. This mechanism has collectively removed approximately 242,000 BNB from circulation since its inception.Additionally, BNB’s Pioneer Burn Program offers recovery options for users who have accidentally lost BNB or pegged tokens. This recovery is factored into the quarterly burn to help restore tokens lost due to unintentional errors.BNB Chain’s Vision and Future of the TokenBNB remains at the core of the BNB Chain’s Web3 and decentralized finance ecosystem. Its Auto-Burn system not only helps maintain a healthy token economy but also aligns with the platform’s broader “Build and Build” philosophy, ensuring BNB’s role in on-chain governance, transaction facilitation, and ecosystem development. With BNB Chain’s ongoing Fusion upgrade, future burns will occur directly on BSC to simplify and standardize the process.This latest burn marks another milestone in BNB Chain’s journey toward token scarcity and value preservation, as it continues to grow within the Web3 landscape.     
Nov 01, 2024 4:08 pm

Frequently Asked Questions

  • What is the all-time high price of Glory Finance (GLR)?

    The all-time high of GLR was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Glory Finance (GLR) is 0. The current price of GLR is down 0% from its all-time high.

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  • How much Glory Finance (GLR) is there in circulation?

    As of , there is currently 0 GLR in circulation. GLR has a maximum supply of 150.00M.

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  • What is the market cap of Glory Finance (GLR)?

    The current market cap of GLR is 0. It is calculated by multiplying the current supply of GLR by its real-time market price of 0.

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  • What is the all-time low price of Glory Finance (GLR)?

    The all-time low of GLR was 0 , from which the coin is now up 0%. The all-time low price of Glory Finance (GLR) is 0. The current price of GLR is up 0% from its all-time low.

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  • Is Glory Finance (GLR) a good investment?

    Glory Finance (GLR) has a market capitalization of $0 and is ranked #8502 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Glory Finance (GLR) price trends and patterns to find the best time to purchase GLR.

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