$GEAR is a first-ever deflationary utility token burned with IDO profits.
This token is the backbone of the Generous Robots DAO ecosystem.
It's a unique game theory experiment.
This token is the backbone of the Generous Robots DAO ecosystem.
It's a unique game theory experiment.
by Generous Robots
$GEAR
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Starting circulating supply is zero.
$GEAR is emitted only via staking.
There are lots of burning mechanics in place that reduce the circulating supply & increase the value of $GEAR through scarcity. More can be found beneath in the Demand section.
$GEAR is emitted only via staking.
There are lots of burning mechanics in place that reduce the circulating supply & increase the value of $GEAR through scarcity. More can be found beneath in the Demand section.
Tokenomics
LP Rewards: 20%
Reserves: 5%
DAO / Future collections: 5%
Staking 2: 46.9%
Staking 1: 23.1%
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Longer NFT Staking = Higher Payouts, Rewards below are for the GR NFTs
Staking Rewards
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In order to create sustainable tokenomics we've built multiple token burning mechanisms.
This way we will make sure $GEAR does not depreciate in the future.
This way we will make sure $GEAR does not depreciate in the future.
Burning Mechanisms
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Decay Coefficient
Formula for the coefficient:
Emissions next month = 0.9602 * Emissions in the Previous Month
Tokens emitted will decrease in the future.
This way in about 60 months the emission of $GEAR will be close to zero - keeping it scarce and valuable.
Emissions next month = 0.9602 * Emissions in the Previous Month
Tokens emitted will decrease in the future.
This way in about 60 months the emission of $GEAR will be close to zero - keeping it scarce and valuable.
Sustainability
Breeding along with the advanced burning mechanisms creates a sustainable long-term environment.
IDO profits will only add to that.
IDO profits will only add to that.
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Staking Announced
More IDO tokens Purchased
Higher IDO Profits
More $GEAR Burned
$GEAR
Royalties
Volume Traded
Floor Price
