Gains Network (GNS)
A Decentralized Leveraged Trading Platform.- Gains Network is a decentralized leveraged trading platform.
- GNS is the native token of the project. The current use cases for GNS include:
- Staking: Platform fees accrue to GNS stakers.
- Deflationary mechanism: GNS is burned when DAI Vault becomes over-collateralized.
- The project consists of the following major components working in conjunction:
- gTrade Platform: Allow users to trade up to 150x on crypto, 1000x on Forex, 100x on stocks and 35x on indices.
- gDAI Vault: Serving as the counterparty to all traders on the platform, anyone can stake DAI and earn a portion of the trading fees from traders.
- As at February 17th 2023, the total token supply of GNS is 30,453,619. The current circulating supply is 30,453,619 (~100% of total supply).
- Learn more about the token distribution of GNS here.