Geode Chain

Geode Chain is an independent Layer 1 blockchain built to make decentralized applications accessible to everyday users rather than only technically experienced ones. It pairs its base chain with a native suite of decentralized apps covering social networking, private messaging, peer-to-peer commerce, identity, gaming, and more. The project frames its core problem as the complexity barrier that keeps ordinary people from participating in the decentralized web.

Geode Chain is built using the Substrate and Polkadot SDK and runs on a Nominated Proof of Stake system that combines the BABE block-production mechanism with the GRANDPA finality protocol, achieving finality in 6 seconds. The chain is designed to process up to 1,000 transactions per second at the Layer 1 level, with additional capacity intended to come from Layer 2 chains built on top. The native GEODE token is used to pay the low transaction fees that operate within this network.

The data provided does not include a specific fee revenue figure, so no fee stream can be quantified here, and fee-based measures such as fee yield or protocol revenue are not available for this asset on this site. What the data does show is that approximately 99.81 percent of supply has already been issued on a point-in-time basis, with a dilution overhang of roughly 0.003 percent and no recorded maximum supply cap. The ratio of fully diluted valuation to market capitalisation stands at 1.000026 on a point-in-time basis, meaning the circulating and total supplies are nearly identical, so future token issuance represents a very small share of the current float.