#A Comprehensive Look About why Gains Network Is A Smart Investment

Gains Network（GNS）is a decentralized trading platform that provides users with cryptocurrency-leveraged trading services.

Table of Contents

What is gTrade？

Gains Network is developing gTrade,a powerful, liquidity-efficient, and user-friendly decentralized leveraged trading platform.

Regardless of the trading pair, DAI collateral is used to open trades. Synthetic leverage is supported by the GNS token and DAI vault. The trader either earns DAI from deals where their PnL was positive or DAI is removed from the vault to pay the trader’s PNL (if positive).

What is GNS Token？

The development fund and the government fund each received 5% of the distribution of the $GFARM2 token when it first launched on Ethereum. It later had a 1:1000 split to $GNS and was bridged to Polygon.

What is The Function of GNS Token？

By creating rewards for GNS/DAI LP providers, NFT bots, and affiliates, it contributes to the liquidity effect of the DAI vault and enables the DAI to stay inside the vault. Lowering vault drawdowns and encouraging its over-collateralization, this improves stability.
When the DAI vault is sufficiently overcollateralized to serve as an acceptable cushion for DAI vault stakes, it is destroyed. This is done to combat the inflation brought on by the payouts from the NFT bot and the GNS/DAI LP.
GNS guarantees that early community supporters won’t have their platform interest diminished in the future by a big whale.
It serves as a safety net for traders who succeed on gTrade because $GNS can be created to collateralize the gDAI vault (at an inflation rate of no more than 18.25% annually).
It will be one of the primary means of controlling the protocol.

Where You Can Buy

You can use the MEXC Global search bar to search for “GNS” to view available trading pairs.

And you can also find a detailed guide on how to buy GNS Token.

Conclusion

Now more and more cryptocurrency-leveraged trading platforms are appearing, enriching the trading methods of users. The most popular platforms include Gains Network (GNS) and Cmcmarkets etc. Each marketplace has its own characteristics that appeal to different types of buyers and sellers.

by Kristina Rigina

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