Golem glm
What is Golem?
Golem (GLM) is the ERC-20 utility token of Golem Network, a peer-to-peer marketplace for computational resources. GLM is used to pay providers for rented computation.
What problem does Golem solve?
Cloud computing is expensive and centralized. Golem creates a decentralized market where requestors obtain capacity from providers and providers monetize idle resources.
How does Golem work?
Providers announce Offers; requestors publish Demands. The market matches them. Requestors run tasks on provider hardware and pay in GLM. Payments commonly use Polygon. GNT-to-GLM migration is 1:1 with 1B cap.
Key facts
- Ticker: GLM
- ERC-20 utility token
- Yagna default node
- Polygon payments
- Max supply: 1 billion
- GNT successor
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Frequently asked questions
What is GLM used for?
Paying providers for rented computational resources.
How do Golem payments work?
Providers bill in GLM, commonly settled on Polygon.
External trackers
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