GNS Token
The $GNS utility token powers our whole ecosystem.
GNS: The Utility Token Powering gTrade
Introduction
$GNS is the backbone of gTrade, enabling efficient liquidity management, revenue distribution, governance, and long-term sustainability. Designed with flexibility in mind, its tokenomics evolve based on community decisions and market conditions. Over time, $GNS has been net deflationary, reinforcing its role in the ecosystem.
Originally launched as $GFARM2 on Ethereum, the token underwent a fair distribution through ETH and LP pools before being migrated to Polygon with a 1:1000 split, rebranding as $GNS. It now operates across multiple chains, supporting gTrade's growth and stability.
GNS Utility and Tokenomics
Revenue Sharing & Counterparty Utility
$GNS currently plays a dual role in the gTrade ecosystem:
Revenue Sharing β Trading fees are used for Buybacks & Burns of the token from the open market (BB&B), with flexibility for direct staking rewards per community alignment.
Counterparty Utility β Acts as a balancing mechanism for vaults, ensuring liquidity efficiency and protocol stability.
How Buyback & Burn (BB&B) Works
Trading Fees (55%) β The majority of gTradeβs revenue (from open and close fees in USDC, DAI, WETH) is used to buy back $GNS from the market, reducing supply.
Dynamic % of Trader PnL β Depending on the gToken Vaultsβ health, a portion of trader losses/profits are used for $GNS buybacks/mints.
BB&B creates sustained buy pressure, followed by supply reductions β benefiting all $GNS holders through organic deflation. The revenue distribution model can adapt based on governance votes, potentially reintroducing the direct staking rewards (SSS) or Buyback & Distribute (BB&D) model in the future.
Keep track of the GNS burn & supply here β‘οΈ https://gains.trade/staking
Or this Dune dashboard
GNS Tokenomics: Adaptive & Deflationary
$GNS supply mechanics balance protocol needs with long-term sustainability:
Minting & Burning β Vaults dynamically mint and burn $GNS to manage the protocolβs liquidity.
Max Supply β Capped at 100,000,000 $GNS as a failsafe mechanism (should never be reached under normal conditions).
Initial Supply β 38,500,000 $GNS at launch, with continued deflation over time.
Current Supply β Dynamic, reflecting token burns and protocol adjustments (Dune Dashboard).
How to Get $GNS
$GNS is available on multiple decentralized exchanges (DEXs) and centralized exchanges (CEXs).
DEXs
Arbitrum: Camelot Exchange
Base: Uniswap
ApeChain: Camelot Exchange
CEXs
We do not guarantee price appreciation or depreciation in the future, nor promise any development of the project compared to its current state, and if you buy the token, you do so at your own risk.
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