protocol: News of Gains Network (GNS) - June 2024 Price Update - 10.81% Breakout Crypto News and Analysis

protocol: News of Gains Network (GNS) - June 2024 Price Update - 10.81% Breakout Crypto News and Analysis

< Show Article: News of Gains Network (GNS) - June 2024 Price Update - 10.81% Breakout Crypto News and Analysisarticle avatarOLUWATOSIN GARUBA

Explore the Core.

The protocol revolves around the ecosystem's ERC20 utility token (GNS) and ERC721 utility token (NFTs). GNS and the NFTs are designed to be actively used within the platform (utility) and to allow ownership of the protocol through revenue capture & governance (soon). It includes GNS holders receiving platform fees through Single Sided Staking, burning of GNS using platform revenue, NFT holders getting reduced spread and boosted rewards, as well as NFT bots executing limit orders and liquidations.

article avatarJeremiah David

Full stack developer and a block chain specialist.

Explore the Core.

Gains Network is developing gTrade, a liquidity-efficient, powerful, and user-friendly decentralized leveraged trading platform. Our uniquely designed synthetic architecture makes gTrade more capital efficient than any existing platform, allows for low trading fees, and a wide range of leverages and pairs: up to 150x on cryptos, 1000x on forex, 100x on stocks, and 35x on indices. The protocol revolves around the ecosystem's ERC20 utility token (GNS) and ERC721 utility token (NFTs). GNS and the NFTs are designed to be actively used within the platform (utility) and to allow ownership of the protocol through revenue capture & governance (soon). It includes GNS holders receiving platform fees through Single Sided Staking, burning of GNS using platform revenue, NFT holders getting reduced spread and boosted rewards, as well as NFT bots executing limit orders and liquidations. Long-term vision gTrade becomes the most adopted decentralized leveraged trading platform. Gains Network becomes a DAO governed by the $GNS token (or a derivative like $veGNS). Its only goal is to create great DeFi products that bring revenue that can be distributed in a $GNS staking pool. Development scales horizontally, any team can create governance proposals to receive funding from the governance and create cutting-edge products that bring revenue to $GNS holders.

article avatarEsther Wonder

Owojori

Explore the Core.

The project Gains Network is developing gTrade, a liquidity-efficient, powerful, and user-friendly decentralized leveraged trading platform. Our uniquely designed synthetic architecture makes gTrade more capital efficient than any existing platform, allows for low trading fees, and a wide range of leverages and pairs: up to 150x on cryptos, 1000x on forex, 100x on stocks, and 35x on indices. The protocol revolves around the ecosystem's ERC20 utility token (GNS) and ERC721 utility token (NFTs). GNS and the NFTs are designed to be actively used within the platform (utility) and to allow ownership of the protocol through revenue capture & governance (soon). It includes GNS holders receiving platform fees through Single Sided Staking, burning of GNS using platform revenue, NFT holders getting reduced spread and boosted rewards, as well as NFT bots executing limit orders and liquidations. Long-term vision gTrade becomes the most adopted decentralized leveraged trading platform. Gains Network becomes a DAO governed by the $GNS token (or a derivative like $veGNS). Its only goal is to create great DeFi products that bring revenue that can be distributed in a $GNS staking pool. Development scales horizontally, any team can create governance proposals to receive funding from the governance and create cutting-edge products that bring revenue to $GNS holders.

article avatarAbdullahi Saleh Saidu

Cute, funny and a little bit crazy!!!

Spot the Main Event:

Building the Future of Gains Network: Announcing the Gains Community Grants Program. gTrade is excited to announce the Gains Community Grants Program (GCGP-Bridge) with 112,500 $ARB from the Arbitrum STIP-Bridge program, which gTrade is honored to be a part of, ready to support innovative projects to build on the gTrade platform. The Gains Community Grants Program (GCGP) is gTrade’s initiative designed to foster innovation and integration with gTrade by providing financial support to projects that build upon or integrate with the platform. The Arbitrum Bridge STIP grants will kick off this initiative. The GCGP-Bridge grant program aims to: * Encourage trading innovation by financially supporting third-party protocols to build on gTrade. * Increase composability and capital efficiency in the DeFi ecosystem by encouraging yield farming and money market integration with gTrade’s liquidity vaults. * Bring new, interesting use cases to the Arbitrum and Gains Network ecosystems. The GCGP-Bridge grant program comes at a perfect time as gTrade has just released its groundbreaking v8 update. This important technical milestone allows smart contracts to directly interact with trading contracts, enabling new use cases and integrations. Prior to v8, developers have been limited when it comes to integrating with the trading contracts, meaning that transactions had to directly call gTrade functions. It is now possible for other functions to include gTrade contracts within their call stack. Equally important, the v8 update also introduces a complete refactor of the codebase, including Natspec documentation and other developer-dedicated resources. The refactor’s inherent separation of concerns makes it easier for developers to navigate and understand the protocol’s structure.

article avatarOluwatosin Bamidele

Trade hard. Joy is coming

Spot the Main Event:

They shared the exciting release of v8 — a major milestone in the growth & development of the gTrade protocol! With v8, smart contracts are now able to interact directly with trading contracts, opening the door to a new set of use cases where other protocols integrate trading. Equally as important, protocol contracts were refactored for nearly endless scalability. This will allow for faster feature releases going forward. And don’t worry, trader UX was of course also improved!

article avatarAjayi John

web developer

Spot the Main Event:

Attention All Builders & Protocols! gTrade is excited to announce the Gains Community Grants Program (GCGP-Bridge) with 💰 112,500 $ARB from the @Arbitrum STIP-Bridge program, which gTrade is honored to be a part of, ready to support innovative projects to build on the gTrade platform! With gTrade’s new v8 upgrade, the possibilities are endless. Join in pushing the boundaries of decentralized trading. 🚀 Learn more and apply today ⤵️

article avatarGLORIA OLUWAFERANMI

To God be the Glory

Explore the Core.

Gains Network is developing gTrade, a liquidity-efficient, powerful, and user-friendly decentralized leveraged trading platform. The protocol revolves around the ecosystem's ERC20 utility token (GNS) and ERC721 utility token (NFTs). GNS and the NFTs are designed to be actively used within the platform (utility) and to allow ownership of the protocol through revenue capture & governance (soon). It includes GNS holders receiving platform fees through Single Sided Staking, burning of GNS using platform revenue, NFT holders getting reduced spread and boosted rewards, as well as NFT bots executing limit orders and liquidations.

article avatarAdekanmi Owojori

Freelancer , Copy Writer and Crypto lover

Explore the Core.

Gains Network is developing gTrade, a liquidity-efficient, powerful, and user-friendly decentralized leveraged trading platform. Our uniquely designed synthetic architecture makes gTrade more capital efficient than any existing platform, allows for low trading fees, and a wide range of leverages and pairs: up to 150x on cryptos, 1000x on forex, 100x on stocks, and 35x on indices. The protocol revolves around the ecosystem's ERC20 utility token (GNS) and ERC721 utility token (NFTs). GNS and the NFTs are designed to be actively used within the platform (utility) and to allow ownership of the protocol through revenue capture & governance (soon). It includes GNS holders receiving platform fees through Single Sided Staking, burning of GNS using platform revenue, NFT holders getting reduced spread and boosted rewards, as well as NFT bots executing limit orders and liquidations. Long-term vision gTrade becomes the most adopted decentralized leveraged trading platform. Gains Network becomes a DAO governed by the $GNS token (or a derivative like $veGNS). Its only goal is to create great DeFi products that bring revenue that can be distributed in a $GNS staking pool. Development scales horizontally, any team can create governance proposals to receive funding from the governance and create cutting-edge products that bring revenue to $GNS holders.

This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.

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