Billing
$GRAD
$GRAD is the token of Cloudgrad on Solana, launched on Raydium LaunchLab.
Where payments go
50% buys $GRAD, burned
50% runs the computers
50% of the USDC paid for computers buys $GRAD on Raydium and burns it. The other 50% pays for the machines. On top of that, the $GRAD side of every Fee Key harvest is burned, and the Cloudgrad platform's LaunchLab fees buy and burn $GRAD.
Holder hours
Wallets holding 1,000,000 $GRAD or more get 20 hours of computer time each calendar month (UTC), added to their credit the first time they sign in that month. The app reads the balance on chain at sign-in. Holders also keep priority when every computer is busy.