Gains Network is collaborating with its community and advisors on a community proposal & tokenomics plan to progress gTrade towa

05 Aug 2023, 14:45
Gains Network is collaborating with its community and advisors on a community proposal & tokenomics plan to progress gTrade toward a more incentive-aligned and decentralized future. Let's break down what's involved and noteworthy changes for protocol participants šŸ‘‡ [1/13]

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05 Aug 2023, 14:45
Current GNS NFT redemption rates: šŸ”¹ Bronze: 800 $GNS šŸ”¹ Silver: 1,200 $GNS šŸ”¹ Gold: 1,800 $GNS šŸ”¹ Platinum: 3,700 $GNS šŸ”¹ Diamond: 12,000 $GNS NFT holders have two redemption choices: immediate $GNS against a 25% penalty or a 6-month linear vesting. [12/13]
Current GNS NFT redemption rates:. Bronze: 800 $GNS. Silver: 1,200 $GNS. Gold: 1,800 $GNS. Platinum: 3,700 $GNS.
Current GNS NFT redemption rates: šŸ”¹ Bronze: 800 $GNS šŸ”¹ Silver: 1,200 $GNS šŸ”¹ Gold: 1,800 $GNS šŸ”¹ Platinum: 3,700 $GNS šŸ”¹ Diamond: 12,000 $GNS NFT holders have two redemption choices: immediate $GNS against a 25% penalty or a 6-month linear vesting. [12/13]
05 Aug 2023, 14:45
While development timelines remain tentative, gTrade plans to enact all changes by September 1st. For a deep dive into the $GNS tokenomics plans and community proposal ā¬‡ļø [13/13]
While development timelines remain tentative, gTrade plans to enact all changes by September 1st.
While development timelines remain tentative, gTrade plans to enact all changes by September 1st. For a deep dive into the $GNS tokenomics plans and community proposal ā¬‡ļø [13/13]
05 Aug 2023, 14:45
Because of this, GNS NFTs will soon be deprecated in favor of $GNS compensation. Liquidation/limit order responsibilities will shift to the oracles, and the fees previously dedicated to NFT bots will now be split: 80% for $GNS stakers and 20% for oracles. [11/13]
Because of this, GNS NFTs will soon be deprecated in favor of $GNS compensation.
Because of this, GNS NFTs will soon be deprecated in favor of $GNS compensation. Liquidation/limit order responsibilities will shift to the oracles, and the fees previously dedicated to NFT bots will now be split: 80% for $GNS stakers and 20% for oracles. [11/13]