Gains Network to Hold AMA on Discord on July 10th
Coindar
Jul 10, 2025 01:32:21
Gains Network will host an AMA on Discord on July 10th at 15:00 UTC. The details of the upcoming update and the future of gTrade will be discussed.
Refer to the official tweet by GNS:
The biggest gTrade update in a year is days away! and break down v10 and what’s next for gTrade — live on the Super Mega Crypto Streaming Show.
Streaming on X, YouTube, and Discord!
📅 7/10/25
â° 3PM UTC
🎟ï¸
GNS Info
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.
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