Tokenomics

Full name of token: GOLD

Token abbreviation: GO

Supply: 10,000,000,000

chain: BNB

Allocation

Allocation

Percentage

Vesting rules

Community

65%

7% vested at TGE, 61% vesting monthly over 10 years

DAO

25%

2% vested at TGE, 10% vesting monthly over 5 years

Team

5%

2 year cliff, vesting monthly over 2 years

Investors

5%

2 year cliff, vesting monthly over 2 years

friendly reminder

According to the situation, as well as the DAO community voting and the development of the project, our community initiates whether it is necessary to issue additional tokens to dynamically balance and adjust the total supply of tokens.

$GO differentiates itself from other yield-bearing stablecoins by increasing capital efficiency of the underlying farming contracts in relation to the amount of $CASH currently in circulation. It achieves this through several mechanisms:

  • 0.25% Mint and 0.25% Redemption fee.

  • While 100% of $GO holders’ initial capital is farming for them, they have received slightly less $GO in return. This means that as users redeem $GO for the underlying stables, a total of 0.5% of their investment goes as fees. This entitles the $GO holders who remain to reap the benefits of that leftover farming capital. But the increased capital efficiency which your $GO tokens can farm makes up for the minting and redeeming fees.

  • 5% of daily farming rewards are retained and auto compounded into the investment contracts (as opposed to being distributed to $GO wallets)

  • 10% of all GO DEX trading fees are sold for stables and deposited into the farming strategies.

Through these mechanisms, capital efficiency (and overcollateralization) will increase perpetually according to an ever-increasing Capital Efficiency Index.

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