GammaSwap to Launch GS Token's LBP and Subsequent Airdrop Plan
Publication Time:2024-08-19 11:16:08
In a recent announcement, the perpetual-chain options protocol, GammaSwap, revealed that the Launchpad (LBP) activity for its governance token, GS, will officially commence on August 31st. This significant milestone aims to further enhance community development and project growth. The total supply of GS is 1.6 billion tokens, which will be allocated across various sectors in accordance with specific ratios to achieve long-term stability and community expansion. The breakdown is as follows: the treasury gets 37%, the core team holds 23%, the investor portion accounts for 17%, while liquidity mining and staking mechanisms receive 15% each. Additionally, 5% of GS will be allocated during the LBP phase, highlighting the project's emphasis on market participants. Notably, GS airdrops will be available to users who hold points, incentivizing community members to actively contribute to the project ecosystem. Lastly, the advisory team will receive 1% of GS, recognizing their contributions to the project's development. The GS token's LBP and subsequent airdrop plan not only demonstrate GammaSwap's commitment to community governance but also offer rewarding opportunities for participants, driving the project towards sustained prosperity and development.
Airdrop
governance token
GammaSwap
LBP
GS token