trading: News of Gains Network (GNS) - July 2024 Price Update - 7.30% Breakout Crypto News and Analysis

Spot the Main Event:

Gains Network, known for its flagship leverage trading platform gTrade, announces a significant update to its tokenomics model. This update, which introduces a buyback and distribute mechanism for the $GNS token, marks a pivotal moment in Gains Network’s evolution. It represents a more intentional approach towards long-term value creation and retention — aiming to improve incentive alignment and position the protocol for sustainable growth.

Student

Explore the Core.

Gains Network is developing gTrade, a liquidity-efficient, powerful, and user-friendly decentralized leveraged trading platform 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.

Student

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. 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.

Explore the Core.

Gains Network is developing gTrade, a decentralized leveraged trading platform that aims to be capital-efficient, powerful, and user-friendly. The platform offers leverages up to 150x on cryptocurrencies, 1000x on forex, 100x on stocks, and 35x on indices. The GNS token is the utility token of the Gains Network ecosystem. It is designed to be actively used within the platform, allowing for revenue capture and governance. GNS holders can earn platform fees through single-sided staking, and NFT holders get reduced spreads and boosted rewards. Gains Network's long-term vision is to become a decentralized autonomous organization (DAO) governed by the GNS token, with the goal of creating more DeFi products that generate revenue for GNS holders. The project has also launched NFTs with different tiers that offer various benefits to holders, such as reduced trading fees.

Trade hard. Joy is coming

Explore the Core.

Gains Network is developing gTrade, a liquidity-efficient, powerful, and user-friendly decentralized leveraged trading platform.

Spot the Main Event:

Gains Network, known for its flagship leverage trading platform gTrade, announces a significant update to its tokenomics model. This update, which introduces a buyback and distribute mechanism for the $GNS token, marks a pivotal moment in Gains Network’s evolution. It represents a more intentional approach towards long-term value creation and retention — aiming to improve incentive alignment and position the protocol for sustainable growth.

To God be the Glory

Spot the Main Event:

Gains Network, known for its flagship leverage trading platform gTrade, announces a significant update to its tokenomics model. This update, which introduces a buyback and distribute mechanism for the $GNS token, marks a pivotal moment in Gains Network’s evolution. It represents a more intentional approach towards long-term value creation and retention — aiming to improve incentive alignment and position the protocol for sustainable growth.The buyback mechanism will create consistent buy pressure on the market. Based on 2024 data from gTrade, this could result in nearly 4 million $GNS tokens being bought throughout the year. This sustained demand has the potential to positively influence the token’s market dynamics.

Cute, funny and a little bit crazy!!!

Explore the Core.

Gains Network is a decentralized platform that revolutionizes the way trading, borrowing, and lending of synthetic representations of real-world assets are conducted. At its core, it utilizes the Gains Network Protocol, which is an open-source framework allowing for the deployment on various blockchain networks. This flexibility ensures that a wide range of users can access its services through different third-party wallet applications or network node clients. The platform's standout feature is gTrade, a decentralized leveraged trading platform that is both liquidity-efficient and user-friendly. gTrade supports trading across multiple asset classes, including cryptocurrencies, stocks, forex, indices, and commodities, with leverage options that are unprecedented in the decentralized finance (DeFi) space. Traders can engage in leveraged trading with ratios as high as 150x for cryptocurrencies, 1000x for forex, 100x for stocks, and 35x for indices. This wide range of leverage options is made possible through an oracle-based perpetual futures exchange mechanism.

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