Fees generation

"The $GT3 token has an aggressive fee generation policy, penalizing users who 'leave' or act against the protocol and rewarding those who support it by distributing the fees generated through a synthetic token: xGT3.

GT3 --> staking GT3 --> creation of xGT3

1. How is xGT3 created and destroyed?

• Issuance/entry: The user locks their GT3 in a specific staking contract. If they hold xGT3, they will receive the fees associated with the pools they voted for at the end of each period (Epoch or Cycle). Each open position is an NFT. 1 GT3 = 1 xGT3 at maximum lock (2 years).

• Burning / exit: Since each position is an NFT, the GT3 will be locked until the contract's expiration date (from 3 months to 2 years). If the user needs liquidity, they must sell their NFT at the price determined by its expiration date, the price of GT3, and the expected fees they could receive during all remaining cycles.

2. Why does the user need $xGT3?

• To vote in the DAO and decide on the following projects to be listed.

• To decide which pools will receive the most incentives in each cycle.

• To receive the fees generated from the pools they voted for.

3. Listing of Generated Fees

As mentioned, GT3 has a fee generation policy associated with each pool, and these fees will be distributed among the xGT3 holders."

Operation	Fee
Swap	0.10% buying | 5% selling in GT3 pools, or 0.3% in other pools
Incentives per pool votation	85% of fees generated in those pools

4. Fees sharing

The xGT3 proposes a very simple mechanism through monthly cycles: 85% of the fees generated will go to xGT3 holders, and 15% will go to the DAO Treasury. The goal is to make it self-sustainable and ensure that each cycle has a new GT3 budget to inject into the following cycle.

Although GT3's first pillar is the generation and distribution of fees among holders who support the protocol (promoting staking with real utility), its second pillar is related to making the pools more liquid, starting with GT3's own pools.