USE
Audits
Basics
In this section we describe the basic features of the GTON Capital
⚜️GC is, first and foremost, a🏛DAO that generates value for the holders of $GTON governance token. $GTON is pegged algorithmically to the tracked fundamental parameters of the DAO via 🧬 Pathway protocol.
$GTON
$GTON is the governance and utility token for the GTON Capital Ecosystem. Its value is supported by the three key use cases:
- as DAO governance token;
- as a reserve currency;
- as a relay token.
The status of $GTON as a reserve currency can be attained through proactive treasury and liquidity management implemented through Pathway.
GTON Smart Contract Addresses
🧬 Pathway
GC is a DAO that manages POL (Protocol owned assets) ($GTON LPs) based on an approach called Pathway (PW).
The sustainability of the whole GCEco is insured by Pathway - algorithmic liquidity management protocol controlled by the DAO, based on liquidity and volume growth and used to create feedback loops around key GTON metrics.
🪢 Bonding
It is necessary to accumulate funds in the Treasury in order for the tokenomics to remain stable in the long-term. Thus, a mechanism is needed to attract borrowed funds for a discount on the tokens in the Treasury with vesting, or a bonding mechanism. This mechanism can be used both with LP tokens with GTON, and with the tokens that form the majority of treasury reserves.
Bonding is a mechanism of liquidity accumulation by the DAO through selling GTON to potential holders with a discount (thus "bonds") for USDC, ETH or Fantom with a configurable ROI and vesting. Users can therefore onboard by picking from a range of parameters among several proposed options.
🪙 Staking
GTON can be locked on a smart contract to generate passive staking rewards with a fixed APY: this can be done through a GTON Capital Staking dApp. Staking allows one to accumulate GTON, and reduces the overall circulating supply, thereby leading to a tokenomics which is more sustainable over time. Staking also allows for implementing a delegated governance model: users can commit their GTON balances as votes which are used to elect a number of delegates who make decisions on how GC should evolve as a DAO.
Last modified 3mo ago