Gains Network
GNS
#332
Gains Network (GNS) is a blockchain token whose smart contracts have been unit tested and passed many independent audits from CertiK.
News about Gains Network
12 Nov 2022, 19:45
The spreads have been increased (we lowered the 1% depths from 2x binance depth to 0.5x binance depth) due to the insane volatility for the last few days as a temporary risk management measure.
Due to the urgency we didn't have time to make a proper banner however we've pushed an update a few days ago already that highlights when the spread is pretty big (it gets more red), and the spread has always been visible.
Opening a trade is also automatically disabled once the spread reaches a high value on the frontend as an additional protection for traders.
I cannot let some of you say that it is greedy or unfair somehow, because you are free to open the trade or not given the spread shown, it is fully transparent and does not affect any already open trade.
This measure is the most efficient way we found of limiting the exposure on all crypto assets during these crazy times and it is our way of managing risk for the moment (even tho not ideal ofc).
But I simply cannot let anyone compare this to what FTX has did by straight losing customers deposited money, it is disgusting to read this comparison...
We're actively monitoring the situation and looking to reduce the spreads once things calm down a bit.
Thanks for your understanding!
The spreads have been increased (we lowered the 1% depths from 2x binance depth to 0.The spreads have been increased (we lowered the 1% depths from 2x binance depth to 0.5x binance depth) due to the insane volatility for the last few days as a temporary risk management measure.
Due to the urgency we didn't have time to make a proper banner however we've pushed an update a few days ago already that highlights when the spread is pretty big (it gets more red), and the spread has always been visible.
Opening a trade is also automatically disabled once the spread reaches a high value on the frontend as an additional protection for traders.
I cannot let some of you say that it is greedy or unfair somehow, because you are free to open the trade or not given the spread shown, it is fully transparent and does not affect any already open trade.
This measure is the most efficient way we found of limiting the exposure on all crypto assets during these crazy times and it is our way of managing risk for the moment (even tho not ideal ofc).
But I simply cannot let anyone compare this to what FTX has did by straight losing customers deposited money, it is disgusting to read this comparison...
We're actively monitoring the situation and looking to reduce the spreads once things calm down a bit.
Thanks for your understanding!
09 Nov 2022, 20:44
https://twitter.com/GainsNetwork_io/status/1590444950826934273
08 Nov 2022, 21:07
https://twitter.com/gainsnetwork_io/status/1590086358948892672
05 Nov 2022, 20:59
OCTOBER RECAP:
OCTOBER RECAP:.OCTOBER RECAP: https://gainsnetwork-io.medium.com/gtrade-october-recap-building-the-foundation-for-the-next-big-step-a304316bae06
03 Nov 2022, 19:33
Hey guys, i created a website to help people understand when to buy NFTs for the LP/SSS boost and when they should just buy more GNS:
Feel free to report any bug or incorrect data! Hope you like it.
Hey guys, i created a website to help people understand when to buy NFTs for the LP/SSS boost and when they should just buy moreHey guys, i created a website to help people understand when to buy NFTs for the LP/SSS boost and when they should just buy more GNS:
Feel free to report any bug or incorrect data! Hope you like it.
https://gnsnftcalculator.com/
28 Oct 2022, 16:26
How to buy and use $GNS youtu.be/K5Hm6R0djJQ
How to buy and use $GNS youtu. be/K5Hm6R0djJQ.How to buy and use $GNS youtu.be/K5Hm6R0djJQ
22 Oct 2022, 21:26
https://twitter.com/GainsNetwork_io/status/1583932542188949504
14 Oct 2022, 15:13
We have gotten a lot of reports about a scam twitter account pretending to be the official Gains Network. The scammer's account is:
We have gotten a lot of reports about a scam twitter account pretending to be the official Gains Network.We have gotten a lot of reports about a scam twitter account pretending to be the official Gains Network. The scammer's account is: https://twitter.com/GfarmV2
11 Oct 2022, 21:08
September recap is out btw!
September recap is out btw.September recap is out btw! https://gainsnetwork-io.medium.com/gtrade-september-recap-ui-updates-ipfs-migration-and-whats-to-come-6da995567ee9
07 Oct 2022, 22:08
https://twitter.com/gainsnetwork_io/status/1578496933001400320
24 Sep 2022, 13:11
https://twitter.com/GainsNetwork_io/status/1573660747992793088
23 Sep 2022, 12:42
https://twitter.com/GainsNetwork_io/status/1573290893360373761
18 Sep 2022, 11:20
Addressing the weird price action on the MATIC/USD pair, our price impact mechanism worked as expected and manipulating the price isn't profitable on gTrade.
It seems the manipulation was targeted at a GMX fork called MadMex on Polygon which got exploited for about $150k.
Their contract isn't verified on PolygonScan but you can check the transactions in here (2.5 hours ago), here are a few of the trades made by the attacker:
Addressing the weird price action on the MATIC/USD pair, our price impact mechanism worked as expected and manipulating the pricAddressing the weird price action on the MATIC/USD pair, our price impact mechanism worked as expected and manipulating the price isn't profitable on gTrade.
It seems the manipulation was targeted at a GMX fork called MadMex on Polygon which got exploited for about $150k.
Their contract isn't verified on PolygonScan but you can check the transactions in here https://polygonscan.com/txs?a=0xd6f8b2bb097158df4d5e3c048f40ace708a4f9bb (2.5 hours ago), here are a few of the trades made by the attacker:
https://polygonscan.com/tx/0xaa57922551906daa2fb1aece39adecdf747a13d9a2420b6b92b57acf4c14ab7c
https://polygonscan.com/tx/0x59254077c4b01168192d3749b238485a2b4738e3b257036c5f59ef89f6067d17
https://polygonscan.com/tx/0x9bbef942495de92c57cb37e73fc7f318950806ef8adadf1dc00c170d2172d3b6
https://polygonscan.com/tx/0x53882046fa22e046b52b9cb79a04625912e0614415b2863df14c4419e4ff1e56
https://polygonscan.com/tx/0x200a2add19f59ad81cc41eafbad601a3d5305c043bfab34367f845390b811326
14 Sep 2022, 14:27
https://twitter.com/GainsNetwork_io/status/1570055927289495555
09 Sep 2022, 23:48
The August Recap medium article is now live! 🍏
✅ Profit Distribution of $713,000
✅ V6.2 Release - $GNS Staking, Referral Program launch, and more!
✅ UI improvements: New Favorite Pair System
✅ A peek into V6.3
✅ Next priorities
Read it here!
⬇️
The August Recap medium article is now live. Profit Distribution of $713,000.https://twitter.com/gainsnetwork_io/status/1568350068192706563
The August Recap medium article is now live! 🍏
✅ Profit Distribution of $713,000
✅ V6.2 Release - $GNS Staking, Referral Program launch, and more!
✅ UI improvements: New Favorite Pair System
✅ A peek into V6.3
✅ Next priorities
Read it here!
⬇️
https://gainsnetwork-io.medium.com/gtrade-august-recap-a-month-of-development-new-users-and-real-yield-4446c5f6d1dc
07 Sep 2022, 19:05
https://twitter.com/GainsNetwork_io/status/1567589842728493056
31 Aug 2022, 09:01
https://twitter.com/GainsNetwork_io/status/1564928603497926656
30 Aug 2022, 19:11
https://twitter.com/GainsNetwork_io/status/1564690948193505283
18 Aug 2022, 06:36
🎉 The v6.2 transition has been successful on the mainnet!
ℹ️ The gTrade frontend already uses v6.2 currently. The SSS interface will be up within 30 minutes on gainsnetwork.io/pools.
⚠️ Bot runners, please update your NFT bot to the latest version:
The v6. 2 transition has been successful on the mainnet. The gTrade frontend already uses v6. 2 currently.🎉 The v6.2 transition has been successful on the mainnet!
ℹ️ The gTrade frontend already uses v6.2 currently. The SSS interface will be up within 30 minutes on gainsnetwork.io/pools.
⚠️ Bot runners, please update your NFT bot to the latest version: https://github.com/GainsNetwork-org/nft-bot-v3
16 Aug 2022, 20:55
Alright guys deployment started for v6.2, about 32 hours to wait from now for the timelocks to finish
Alright guys deployment started for v6. 2, about 32 hours to wait from now for the timelocks to finish.Alright guys deployment started for v6.2, about 32 hours to wait from now for the timelocks to finish
11 Aug 2022, 09:55
https://twitter.com/MakerGrowth/status/1557459680775098369?
09 Aug 2022, 15:04
https://twitter.com/GainsNetwork_io/status/1557019674503782402
08 Aug 2022, 18:33
https://twitter.com/GainsNetwork_io/status/1556710216095375366
01 Aug 2022, 17:09
TL;DR
- Fee system 2x simpler
- We managed to double the rewards going to $GNS staking compared to our initial idea
- 2-level referral system
- Many many optimizations
- Cool secret feature that can dramatically improve trading UX :)
- Overall 32.5% of fees on average going to SSS
- Fee system 2x simpler. - We managed to double the rewards going to $GNS staking compared to our initial idea.https://twitter.com/GainsNetwork_io/status/1554152321499729920
TL;DR
- Fee system 2x simpler
- We managed to double the rewards going to $GNS staking compared to our initial idea
- 2-level referral system
- Many many optimizations
- Cool secret feature that can dramatically improve trading UX :)
- Overall 32.5% of fees on average going to SSS
29 Jul 2022, 09:00
Who’s joining us in Twitter Spaces today? 👀
Who's joining us in Twitter Spaces today.Who’s joining us in Twitter Spaces today? 👀
https://twitter.com/maticnews_com/status/1552929893247246336
25 Jul 2022, 18:51
https://twitter.com/GainsNetwork_io/status/1551641113542492162
24 Jul 2022, 13:11
https://twitter.com/GainsNetwork_io/status/1551193320818458624
22 Jul 2022, 12:28
Check out our new MATIC NEWS article Gainers! 🍏:
Check out our new MATIC NEWS article Gainers.Check out our new MATIC NEWS article Gainers! 🍏: https://twitter.com/maticnews_com/status/1550452760470061056
17 Jul 2022, 14:52
It’s time to trade Gainers. (Shout out to Pit for the awesome gif)
It's time to trade Gainers. (Shout out to Pit for the awesome gif).It’s time to trade Gainers. (Shout out to Pit for the awesome gif)
https://twitter.com/GainsNetwork_io/status/1548680984366927873
15 Jul 2022, 15:27
https://twitter.com/GainsNetwork_io/status/1547966057473642498
12 Jul 2022, 16:52
Trades are now 2.5 times faster than before as block confirmations have been reduced to 2 blocks!
Trades are now 2. 5 times faster than before as block confirmations have been reduced to 2 blocks.Trades are now 2.5 times faster than before as block confirmations have been reduced to 2 blocks! https://twitter.com/GainsNetwork_io/status/1546899987212156928
11 Jul 2022, 16:56
New gTrade feedback form! Please only submit legitmate feedback. Submissions can be questions, comments, feature requests and issues:
New gTrade feedback form. Please only submit legitmate feedback.New gTrade feedback form! Please only submit legitmate feedback. Submissions can be questions, comments, feature requests and issues:
https://form.asana.com/?k=wyR_u896jOGhiID7XKmWiA&d=1202357058997005
https://twitter.com/GainsNetwork_io/status/1546538621779558404
10 Jul 2022, 15:27
June Recap is up along with revenue stats!:
June Recap is up along with revenue stats.June Recap is up along with revenue stats!: https://twitter.com/GainsNetwork_io/status/1546153933973889025
09 Jul 2022, 20:21
https://twitter.com/GainsNetwork_io/status/1545865715625893889
04 Jul 2022, 16:24
SSS & an upgraded referral system are our new priorities:
SSS & an upgraded referral system are our new priorities:.SSS & an upgraded referral system are our new priorities: https://twitter.com/GainsNetwork_io/status/1543994110960455683
30 Jun 2022, 16:50
TokenTerminal anyone?
TokenTerminal anyone.TokenTerminal anyone? https://twitter.com/GainsNetwork_io/status/1542551095985291264
29 Jun 2022, 13:48
v6.1 trading contracts have been deployed! 🥳
GNSPairInfosV6_1: 0xEe7442aCcC1C27f2C69423576d3b1D25b563E977
GNSTradingV6_1: 0xd8D177EFc926A18EE455da6F5f6A6CfCeE5F8f58
GNSTradingCallbacksV6_1: 0x170cC5a70d6F544E5456881B586eB58180998A37
The grant request to give the $GNS minting role to the trading and callbacks contract has been initiated, and it will take approximately 30 hours from now. (necessary so that the trading storage contract accepts these new contracts to replace the current ones).
The transition to the new contracts will be smooth (no pause), and trades opened before the update won't pay funding or rollover fees to stay open even after the update.
1 trading contracts have been deployed. GNSPairInfosV6_1: 0xEe7442aCcC1C27f2C69423576d3b1D25b563E977.v6.1 trading contracts have been deployed! 🥳
GNSPairInfosV6_1: 0xEe7442aCcC1C27f2C69423576d3b1D25b563E977
GNSTradingV6_1: 0xd8D177EFc926A18EE455da6F5f6A6CfCeE5F8f58
GNSTradingCallbacksV6_1: 0x170cC5a70d6F544E5456881B586eB58180998A37
The grant request to give the $GNS minting role to the trading and callbacks contract has been initiated, and it will take approximately 30 hours from now. (necessary so that the trading storage contract accepts these new contracts to replace the current ones).
The transition to the new contracts will be smooth (no pause), and trades opened before the update won't pay funding or rollover fees to stay open even after the update.
26 Jun 2022, 08:25
CertiK's final report for v6.1 is here!
CertiK's final report for v6. 1 is here.CertiK's final report for v6.1 is here!
25 Jun 2022, 21:37
https://twitter.com/GainsNetwork_io/status/1540811363383218177
22 Jun 2022, 23:22
Here are some perks the new update will enable:
Here are some perks the new update will enable:.Here are some perks the new update will enable:
https://twitter.com/GainsNetwork_io/status/1539750659397980160
21 Jun 2022, 09:45
Hey guys, we are hosting a Twitter Space this Friday to talk about v6.1. This is an opportunity to listen and chat with the team. See you there!
Hey guys, we are hosting a Twitter Space this Friday to talk about v6. This is an opportunity to listen and chat with the team.Hey guys, we are hosting a Twitter Space this Friday to talk about v6.1. This is an opportunity to listen and chat with the team. See you there!
https://twitter.com/GainsNetwork_io/status/1539182047964585986
20 Jun 2022, 19:35
https://twitter.com/GainsNetwork_io/status/1538968786023366656
19 Jun 2022, 11:35
5000 unique traders guys! And we're only just getting started, lots more to come from the team
5000 unique traders guys. And we're only just getting started, lots more to come from the team.5000 unique traders guys! And we're only just getting started, lots more to come from the team
https://twitter.com/GainsNetwork_io/status/1538485281048895493
17 Jun 2022, 18:24
What do you guys look for in DeFi projects?
What do you guys look for in DeFi projects.What do you guys look for in DeFi projects?
https://twitter.com/GainsNetwork_io/status/1537863568875462662
16 Jun 2022, 19:49
Who's hyped for v6.1?
Who's hyped for v6.Who's hyped for v6.1?
https://twitter.com/GainsNetwork_io/status/1537522567304691713
14 Jun 2022, 15:39
Our trading vault holds second largest DAI holdings on Polygon!
Our trading vault holds second largest DAI holdings on Polygon.Our trading vault holds second largest DAI holdings on Polygon!
https://twitter.com/GainsNetwork_io/status/1536734885074935810
10 Jun 2022, 16:36
Who's hyped for v6.1? What would you guys like to see listed next?
Who's hyped for v6. What would you guys like to see listed next.Who's hyped for v6.1? What would you guys like to see listed next?
https://twitter.com/GainsNetwork_io/status/1535299864350838785
09 Jun 2022, 16:49
New article out about fundamental analysis and how it can help during any market cycle.
New article out about fundamental analysis and how it can help during any market cycle.New article out about fundamental analysis and how it can help during any market cycle.
https://twitter.com/GainsNetwork_io/status/1534940161548734471
08 Jun 2022, 15:55
The gTrade MAY Recap is out! Along with some anticipated updates! Check it out:
The gTrade MAY Recap is out. Along with some anticipated updates. Check it out:.The gTrade MAY Recap is out! Along with some anticipated updates! Check it out:
https://twitter.com/GainsNetwork_io/status/1534564551580082177
07 Jun 2022, 14:45
$140k+ win today on USD/JPY!
$140k+ win today on USD/JPY.$140k+ win today on USD/JPY!
https://twitter.com/GainsNetwork_io/status/1534184562053500929
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