Operations on GT3

This section outlines how a token can enter the DEX and start functioning.

  1. The interested project contacts a DAO member through the appropriate channel, presenting the project.

  2. Any DAO member with more than 100,000 xGT3 can propose a new token for listing. If the interested project does not have enough tokens, it will need to acquire them to propose the vote.

  3. A team member will contact the project to prepare the listing if the vote is favourable. Both parties will agree on a budget for each cycle.

  4. The token will be added to the pools for the next cycle so GT3 lockers can vote for its pools.

  5. LP holders can deposit liquidity in the new cycle to receive the corresponding incentives. Many will need to buy the token on the market to deposit liquidity.

  6. LP holders will receive incentives during the cycle (from the GT3 vault), while xGT3 holders will receive fees from all transactions and incentives from the projects themselves.

  7. At the end of the cycle, the total fees will be distributed between the GT3 lockers (85%) and the DAO treasury (15%), providing new income for the treasury to allocate to GT3 pools in the following cycle.

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