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What is Gains Network (GNS)?

Gains Network basic info

Name:Gains Network
Ticker:
Introduction:

What Is Gains Network (GNS)?

The Gains Network provides a decentralized trading platform that enables users to trade cryptocurrencies and forex with leverage. Leverage involves using borrowed funds to trade financial assets. According to its whitepaper, the platform aspires to create a decentralized finance ecosystem for the future. The Gains Network launched its first decentralized leverage trading platform, gTrade, on the Polygon (Matic) blockchain. The network asserts that gTrade's unique architecture makes it more capital efficient than other platforms.

What Makes Gains Network (GNS) Unique?

The Gains Network is introducing reward pools for its users, which are designed to enhance the trading experience, increase the system's resilience, and improve capital efficiency. There are two reward pools available on the platform:

The DAI Vault allows anyone to stake DAI and earn DAI rewards based on trading volume.

The GNS/DAI Pool is accessible exclusively on the Polygon (Matic) mainnet. Users can stake their LPs to earn GNS and dQUICK rewards. Depositing Quick tokens into the staking contract generates dQUICK, also known as "Dragon's Quick."

What Is the Gains Network token?

The Gains Network has its own utility token, GNS, which follows the ERC20 standard. The total supply of GNS tokens is 38,500,000, and its maximum supply is set at 100,000,000. Additionally, the platform offers five types of NFTs that are considered the master keys of the ecosystem. There are 1500 NFTs in total, with each of the five categories having a specific number of keys: 500 Bronze Keys, 400 Silver Keys, 300 Golden Keys, 200 Platinum Keys, and 100 Diamond Keys.

Gains Network (GNS) Price Prediction

Based on the latest predictions, Gains Network is expected to experience a substantial growth of 226.95%, reaching $10.55 by the end of 2025. However, it's worth noting that the current market sentiment is bearish and the Fear Greed Index is currently at 11.98, indicating extreme fear. It's important to proceed with caution and closely monitor market trends and indicators.

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Current price:
All-time high:$12.45
All-time low:$0.2590

GNS supply and tokenomics

Circulating supply:33,387,138 GNS
Total supply:33,387,138.51 GNS
Max supply:0 GNS
Market cap:$55.42M
Fully diluted market cap:$55.42M
Tokenomics:

Uniqueness

As a decentralized leverage trading platform, Gains Network allows users to predict if the price of an asset will rise or fall, correct predictions leading to profits. These profits are further accelerated as Gains Network offers high leverage without funding fees – as leverage isn’t directly borrowed, traders’ profits are their own. However, as with any leveraged trading, losses are also amplified.

Gains Network provides a more comprehensive experience when compared with similar businesses. On top of this, Gains Network offers 47 pairs, all of which share the same liquidity in GNS/DAI. As the platform uses Chainlink price feeds, live prices are always used, ensuring that users always keep custody of their funds.

Additionally, instead of trading with perpetuals, gTrade instead takes the medium value from different exchanges, providing a more accurate spot price of the asset. This additional accuracy liberates users from a constrained, brokered trading experience.

Token utility

The GNS token has developed over its lifetime iteratively in ways which help the growth and efficiency of the protocol. Initially it was exclusively minted and burned to back trading - however it was recognised that during extreme market conditions this could result in unnecessary volatility. In its present iteration:

  • It supports the liquidity efficiency of the DAI vault by minting rewards for GNS/DAI LP providers, NFT bots, and affiliates, allowing the DAI to remain within the vault. This adds stability by reducing vault drawdowns and supporting its over-collateralization.
  • It is burned when the DAI vault becomes sufficiently overcollateralized to offer a suitable buffer for DAI vault stakers - currently this is 130%. This is done to counter the inflation from GNS/DAI LP rewards and NFT bot rewards.
  • It ensures that people supporting the community early on will not have the percentage of their platform interest diluted by a large whale in future - it gives an equal playing field to community support.
  • It is the ultimate backstop to traders winning on gTrade (not through minting any more, but through potential OTC sales of the protocol wallets reserves if the situation requires it).

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What is the development prospect and future value of GNS?

The market value of GNS currently stands at $55.42M, and its market ranking is #510. The value of GNS is not widely recognized by the market. When the bull market comes, the market value of GNS may have great growth potential.

As a new type of currency with innovative technology and unique use cases, GNS has broad market potential and significant room for development. The distinctiveness and appeal of GNS may attract the interest of specific groups, thereby driving up its market value.

What will the price of GNS be in 2025?
Based on GNS's historical price performance prediction model, the price of GNS is projected to reach $2.28 in 2025.
What will the price of GNS be in 2030?
In 2030, the GNS price is expected to change by -3.00%. By the end of 2030, the GNS price is projected to reach $3.88, with a cumulative ROI of +115.90%.
Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of GNS and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

Is GNS worth investing or holding? How to buy GNS from a crypto exchange?

If you want to buy GNS, the following information may be helpful for your investment decisions:
In the last seven days, the price of GNS has risen by 0.54%, leading to positive returns for most GNS investors. The market is currently optimistic about the price trend of GNS.
It is important to note that the current price of GNS has retreated by -86.67% from its all-time high. This coin is currently considered high-risk, and while its price may rebound in the future, there is significant uncertainty.
Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.
To decide whether GNS is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.
Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in GNS or any cryptocurrency comes with certain risks and uncertainties.
Regardless of your outlook on the development prospects and future trends of GNS, if you want to buy or sell GNS, you can consider Bitget for your trading needs. The best place to buy GNS is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.
Investing in Gains Network has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Gains Network. Here's a step-by-step guide on how to buy Gains Network on Bitget.

How to get Gains Network through other methods?

Using cash to buy Gains Network is not the only way to obtain Gains Network. If you have the time to spare, you can get Gains Network for free.
Learn how to earn Gains Network for free through the Learn2Earn promotion.
Earn free Gains Network by inviting friends to join Bitget's Assist2Earn promotion.
Receive free Gains Network airdrops by joining ongoing challenges and promotions.
All crypto airdrops and rewards can be converted to Gains Network through Bitget Convert, Bitget Swap, or spot trading.

What is Gains Network used for and how to use Gains Network?

The use case of Gains Network may expand as the crypto market and the project itself develop. Currently, you can use GNS to achieve the following goals:
Arbitrage by trading GNS: Since GNS is a frequently traded cryptocurrency, the price of GNS is always fluctuating. Earn more GNS by buying low and selling high on the exchange. Bitget spot market provides a variety of GNS trading pairs to fully meet your needs.
Earn by staking GNS: You can also generate income through financial management methods such as staking GNS or lending GNS. Bitget Earn offers a variety of financial products designed to help you earn more income from your GNS.
Send or pay GNS: If you want to give GNS to your friends, a charity, or a fundraiser, or you want to pay someone with GNS, you can quickly and easily send GNS to the recipient through their payment address.
You can also go to the official website of the Gains Network project to learn more about the use cases of GNS. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

Gains Network Wiki

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