Gains Network
GNS
Gains Network (GNS) Feed: Events, News & Roadmap
Gains Network Launches v.6.4.2 Price Impact Expiration Update for gTrade
Gains Network has completed the 2-week timelock and has officially launched the v6.4.2 Price Impact Expiration update. This update pertains to changes…
Gains Network to Hold Trading Contest
Gains Network is currently hosting a trading contest on its platform. The competition is being conducted on gTrade via LogX. The participants of the c…
Gains Network to Release New Software Update on August 7th
Gains Network is set to release a new software update, version 6.4, on August 7th.
AMA on Discord
Gains Network will have an AMA on the Zoo Discord with the partners to chat about the markets, see what they're trading, and learn more about gTrade
AMA on Discord
Gains Network holds live stream on Discord channel
AMA on Discord
Join to an AMA on Discord
Contest
Gains Network will hold a contest starting on June 12th
AMA on Discord
Join to an AMA on Discord
Contest
The contest will run from today (May 29th) to june 12th
GTrade v.6.3.1 Release
gTrade's v6.3.1 contracts have been deployed
February Report
February report has been released
AMA on KuCoin Telegram
AMA will be held on Telegram
Listing on Binance
GNS will be listed on Binance
August Report
Staking
New Referral Program Launch
AMA on Twitter
AMA on Twitter
Listing on CoinTiger
Transition v.6.0
Gains Network Events on the Chart
What is Gains Network?
Gains Network is a multi-functional DeFi ecosystem that includes multiple products on Polygon and Arbitrum networks. A special feature of the ecosystem is gTrade — a decentralized platform for leveraged trading. By leveraging a uniquely designed synthetic architecture, gTrade aims to be more capital efficient than any existing platform and provides low trading fees along with a wide range of leverages and pairs, including up to 150x on cryptocurrencies and 1000x on forex.
The operation of the Gains Network protocol relies on its ERC-20 utility token, GNS, and ERC721 utility tokens or NFTs. These tokens are designed for active use within the platform and allow for protocol ownership through revenue capture and governance. Important features of the protocol include single-sided staking for GNS holders to receive platform fees, a deflationary mechanism where GNS is burned using platform revenue, and benefits for NFT holders such as reduced spread and increased rewards.
The GNS token, as the native token of Gains Network, has multiple use cases. GNS stakers can accrue platform fees, contributing to a form of passive income. Furthermore, a deflationary mechanism is in place, where GNS tokens are burned when the DAI Vault becomes over-collateralized, therefore controlling the supply of the token and potentially increasing its value.