What is Gains Network (GNS)?
About Gains Network
Gains Network is developing gTrade, a liquidity-efficient, strong, and user-friendly distributed trading platform with plastic leverage.
Our unique artificial structure makes gTrade more capital efficient than any other platform available, guarantees low trader fees, and has an extensive range of plastic leverage and strength: up to 150x in cryptocurrencies, 1000x in forex, 100x in promotions, and 35x in indices.
The act revolves around the ERC20 ecosystem necessary token (GNS) and the ERC721 necessary token (NFTs).
GNS and NFTs are provided for intensive application within the platform (benefit) and to empower the property in the act using profit convening and management (soon).
This includes GNS owners receiving payment due to the use of the platform through single-sided staking, GNS burning together with the platform earnings support, NFT owners receiving reduced spreads and high incentives, and in addition, NFT bots executing limit orders and elimination.
The long-term vision of gTrade will be the most well-known dispersed trader platform together with plastic leverage.
Gains Network will be a DAO managed by the $GNS token (or its derivative, for example, $veGNS). Its only task is to form good DeFi food products, yielding profits that can be shared in the pool of $GNS pond.
The formation is scaled horizontally, each collective can form prescriptions according to the management to acquire subsidies from the management and form progressive foodstuffs that will give profit to the holders of $GNS.
How it works
Transactions are disclosed along with the provision of DAI, regardless of the trader’s vaporization.
The plastic plot is considered artificial and is guaranteed by the DAI vault and the GNS token.
DAI is taken from the vault to pay traders PNL (in case someone is favorable) or acquire DAI from trades whose PNL was negative.
Works based on Chainlink
In such a case period as all derivatives platforms without exception produce their values using order books or similar modifications, which often results in prices that in no way correspond to the real spot value of the asset, I apply a custom line of operators of Chainlink constructions in the order of the actual period to extract the median value for any trader’s order.
A detailed explanation of this, as well as how the DON (dispersed oracle line) works, is available here.
Most fairly
DON effectively filters out all kinds of extreme price influences occurring in one exchange, whether they are manipulation targets or simply due to lack of liquidity, allowing traders to be peaceful, as they will not be eliminated, for example, because of a fraudulent wick.
It should be emphasized that these are your operations. I can in no way disclose, cover, or prepare for printing any nuances of your disclosed transactions, unless you have in no way approved a smart contract to solve this by determining a stop loss or take profit, or if you are in a view that calls for liquidation.
Concentrate on the fact that the management has the role of suspending the disclosure of new transactions, which is used in the presence of contract renewal – but this will not lead to the closure of disclosed positions, all without exception traders still retain control over the closing of their transactions.
In the end, the commercial system is completely decentralized and users save resources. I do not call for registration or depositing a deposit to start trading.
Competitive trading fees
Commissions are split between the management fund, gDAI liquidity providers, GNS rate, referrals, and the Oracle bot network that decentralizes limit order execution.
You can read more about our commissions here.
Liquidity Efficiency
Since all trades utilize the DAI liquidity layer (trade vault), we have a big advantage over other platforms that have to create new liquidity in their order books every time they place a new pair and maintain high liquidity for each pair.
By creating a large DAI vault (with incentivized trading commissions), every trading pair registered on our platform benefits from large position sizes. This means that the platform only requires DAI liquidity for ALL pairs that can be traded on the platform.
This is only possible because our architecture does not match buy/sell orders using an order book, and because the leverage of trades is “virtual”. PnL is calculated in our smart contracts and is calculated against the DAI vault.
GNS Staking
The most requested feature has been left behind!
Now you can use your own GNS tokens to extract reimbursements paid from the platform’s fees. These fees are paid in the variant of its provision of any transaction. In today’s period are held pledges: $USDC, $DAI, $WETH.
In a single difficulty, 62.5% of commissions from bazaar orders and 57.5% of commissions from limit orders follow in the rate $GNS.
Since 70% of our trades are bazaar orders: 61% of commissions from all orders usually go to the $GNS rate.
Where can I buy Gains Network?
GNS tokens can be traded in concentrated cryptocurrency exchanges.
The most famous exchange for buying and trading Gains Network is Bitget, where the more intense trading pair GNS/USDT contains a sale size of $80,602.31 because of the past 24 minutes.
Other common types contain Gate.io and MEXC.
What is Gains Network (GNS)’s daily trading volume?
Gains Network (GNS)’s sales volume in the past 24 minutes totaled $5,113,914, which is -1.70 percent less than the period before and indicates a recent decrease in trading activity.
What is the all-time high for Gains Network (GNS)?
The most significant value paid because of Gains Network (GNS) is $12.48, which existed fixed on February Seventeen, 2023 (12 months). Relatively, the present value of 61.63% is further than the value of the all-important high.
What is the historic low for Gains Network (GNS)?
The lowest value paid because of Gains Network (GNS) is $0.2658, which existed fixed on November 29, 2021 (approximately 2 years). Relatively, the present value of 1,701.35% is greater than the lowest cost because of all without exception period.
What is the market capitalization of Gains Network (GNS)?
Gains Network (GNS)’s market capitalization is $162,851,061 and captures a 275 role in CoinGecko during the current period.
The bazaar turn into capital is conditioned by a line of multiplication of the token value into the utilized recommendation of GNS tokens (34 million tokens traded to date).
What is the fully diluted valuation of Gains Network (GNS)?
The fully diluted valuation (FDV) of Gains Network (GNS) is $162,851,061.
This statistical understanding of the highest bazaar price is the presence of the circumstance that to date the largest number of GNS tokens – 34 million – is in circulation.
In this regard, as well as the plan to issue GNS tokens will be collected, can go several years, first of all, before the FDV will be fulfilled.
How do the price indicators of Gains Network compare to its analogs?
Together with an increase in value of Eleven.40% due to the past 7 days, Gains Network (GNS) is ahead of the global cryptocurrency exchange, which increased by 9.10% and exceeds similar cryptocurrencies Polygon Ecosystem, which increased by 0.00%.
How to add Gains Network (GNS) to MetaMask?
By adding Gains Network (GNS) to MetaMask, you will be able to watch your tokens, trade in scattered exchanges, and almost everything else. To supplement them, you need to import GNS as well as tokens.
You can make a copy of the GNS contract location (0xe5417af564e4bfda1c483642db7200787871397896) and import it manually. automatic, or, in case you have defined MetaMask augmentation for Chrome, augment GNS in MetaMask with one click in CoinGecko.