GPT (Grace Period Token) is a token used to defer the liquidation of mortgaged assets. It can also be mined through staking EFG that complies with the ECRC-20 standard. GPT is designed through an ECRC-20 standard smart contract, supplying a total of 10,000 tokens. GPT meets the need for extending contract liquidation periods, as it can be used to increase the grace period following margin calls. It has become a key factor in ensuring investors interest in risk deferral within EFG lending activities.
