💚GNS Staking

Stake $GNS to get a share of the gTrade revenue!

Staking $GNS

By staking your $GNS tokens you will earn rewards generated by platform fees. These rewards are not minted, but paid in $GNS that has been bought back using the underlying collateral (that the trade was opened with). More on this below.

The rewards are accrued from the platform revenue on respective chain, i.e., if you stake $GNS on Arbitrum you will get rewards from the trades on Arbitrum and vice versa for Polygon.

Currently, 56.25% of the fees from market orders and 51.75% of the fees from limit orders are allocated to $GNS staking. More information can be found here.

As 70% of our trades are market orders, 54.6% of fees from all orders on average will go to $GNS staking!

Our staking page is available here: https://gains.trade/staking

Buyback & Distribute

Around 60% of the open and close fees generated by the platform ($USDC, $DAI, $WETH) are used to buy back $GNS OTC using the 1 hour TWAP + a 1% premium to ensure a reliable arbitrage opportunity. Buying back $GNS with the non-GNS collaterals both creates a sustained buying pressure and a more stable price floor, as well as helps retain value within the ecosystem.

The revenue can be distributed to $GNS stakers, the governance fund, or the burn address. This allocation of revenue is flexible and is currently set to: 90% $GNS stakers (60% * 0.9 = 54%), 10% governance fund (60% * 0.1 = 6%).

You can read more about Buyback & Distribute in this Medium article.

Audit

Our staking contract has been audited here: https://github.com/pashov/audits/blob/master/solo/gTrade-security-review.md

$GNS Staking FAQ

Are my staked $GNS locked for a certain period of time?

There is currently no timelock for staking $GNS, and you are able to withdraw at any time.

What's the difference between the buttons "Harvest" and "Compound"?

Harvest transfers your rewards to your wallet. Compound harvests your rewards and restakes them, in a single transaction.

I staked before September 30, 2023 and I can't find my staked $GNS. Where are they?

Your $GNS is in the deprecated vault. The staking vault was upgraded in late September 2023, and you can unstake your $GNS from the old vault here: https://gains.trade/staking-legacy