Gains Network will hold an AMA on December 28th X

Gains Network will hold an AMA on X December 28 at 16:00 UTC. During the session, the winners of the giveaway will be announced, in which users can win 500 GNS.

For more detailed information, you can check the official GNS tweet:

GNS Information

Gains Network is a multifunctional DeFi ecosystem that includes a multitude of products on the Polygon and Arbitrum networks. The distinguishing feature of the ecosystem is gTrade, a decentralized trading platform with the ability to use leverage. With its unique synthetic architecture, gTrade aims to be more capital efficient than any existing platform, providing low trading fees as well as a wide range of trading pairs and leverage options - up to 150x for cryptocurrency trades and 1000x for forex.

The Gains Network protocol is powered by the ERC-20 (GNS) utility token and ERC721 utility tokens! NFTUSD. Tokens are designed for active use within the platform and provide the ability to manage the protocol through voting. The protocol includes a one-way staking mechanism to earn fees, a deflationary mechanism where GNS is burned with the platform’s revenue, as well as benefits for NFT holders such as reduced spreads and increased rewards.

GNS is the native token of the project, which can be used for staking, and participants can also receive GNS as a reward for using the platform. In addition, GNS includes a deflationary mechanism: GNS tokens are burned when the DAI store becomes over-collateralized, allowing the supply of the token to be controlled and potentially increase its value.