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  • Mainnet Faucet
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  • TOKENOMICS
    • 🪙Token Types in GainzSwap
    • $dEDU Token
    • $GAINZ Token
    • GToken
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  • How GToken Works
  • Entry & Exit Governance Conditions
  • Role in Governance
  • Staking Rewards Emission

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  1. TOKENOMICS

GToken

Previous$GAINZ Token

Last updated 1 month ago

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GToken is the core staking and governance token of the GainzSwap ecosystem. It is not minted directly but rather derived from locking LP tokens in the protocol’s governance staking contract. GToken holders represent the most committed liquidity providers, as they lock capital and earn long-term influence — they are the true Gainerz.

How GToken Works

Feature
Details

Minting

GToken is created by optionally locking LP tokens in the Governance contract

Burning

GToken is burned when LP tokens are unstaked

Semi-Fungible

GToken is transferable, and can be merged or split

Governance Rights

Holders vote on proposals, including token listings and upgrades

Staking Rewards

GToken holders receive $Gainz staking rewards, throttled by $dEDU supply

Vote Weight

The amount and number of epochs locked of GToken a user holds directly affects their voting power

Entry & Exit Governance Conditions

Action
Requirement
Result

Enter

Stake liquidity by optionally locking LP tokens

Receive GToken encoded with appropriate attributes

Exit

Unstake liquidity by burning GToken, and hence LP tokens

Retrieve corresponding LP pair tokens, with upto 30% loss if early unstake

Role in Governance

  • Proposal Access: Only users holding GToken, with specific attributes, can propose new pair listings or protocol upgrades.

  • Voting Power: GToken holders cast votes weighted by their GToken balances and epochs locked. For sensitive proposals (e.g., protocol fees, council elections), GToken is the exclusive mechanism of decision-making.

  • Incentive Alignment: Since GToken requires LP locking, it ensures governance participants are economically aligned with the platform’s long-term success.

Staking Rewards Emission

  • Rewards come from the Staking Rewards pool (9.55 M $Gainz).

  • However, actual emission is dynamically throttled based on the $dEDU circulating supply (delegated governance participation).

  • This creates a three-way balance:

    • LP Token Holders → stake and mint GToken

    • GToken Holders → earn rewards, vote

    • $dEDU Holders → throttle how fast rewards flow

This system ensures that not just capital (via LP tokens), but also community trust and reputation (via delegation) plays a role in reward distribution.

GToken Sample