Tokenomics
Last updated: 2024-12-13
Last updated
Last updated: 2024-12-13
Last updated
GYROWIN is a governance token that allows holders to vote on various proposals, including protocol changes, fee structures, and new feature additions.
Gyrowin unlocks the necessary tokens when needed with 7 days cooling period to be unlocked.
If Gyrowin has a total supply of 1 billion GYROWIN on Ethereum and another 1 billion GYROWIN on SUI, wouldn’t that make the total supply 2 billion GYROWIN?
It does not.
Gyrowin uses a cross-chain messaging protocol with a “lock” and “unlock” mechanism.
For instance, if 100 GYROWIN tokens are used on Ethereum, 100 GYROWIN tokens are locked on SUI through this bridging mechanism, keeping the total supply constant across both chains.
GUT is a staking & rewards utility token that allows token holders to stake their tokens in exchange for rewards or additional tokens, incentivizing active participation in the network.
Liquidity (DEX) : enables users to trade tokens on decentralized exchanges like Uniswap on Ethereum and Suiswap on Sui. LP lock
Liquidity (CEX) : enables users to trade tokens on centaralized exchanges like Binance, Coinbase and OKX. Freeze lock (temp. lock in UNCX)
Reserve : is set aside to meet future needs, supporting the platform’s long-term growth, stability, and flexibility. Freeze lock (temp. lock in UNCX)
Marketing : supports strategic collaborations and community initiatives, including efforts to attract partnerships that add value to the ecosystem. 3% TGE, 2% unlock every month (fully unlocked by May 2025)
Gyrowin Ecosystem : is designated to incentivize developers, early supporters, and community members who contribute to the project in various ways, such as fixing bugs or adding new features. 1% unlock every month (fully unlocked by Oct 2025) (temp. lock in UNCX)
