Genesis price 

GEN

Genesis is a decentralized autonomous organization (DAO) created in response to the failures of previous treasury-backed protocols, which, despite their initial successes, ultimately failed due to issues of trust and lack of innovation. The initial phase of Genesis DAO's lifecycle is driven by a flywheel mechanism designed to create a sustainable and profitable ecosystem. This phase involves a cycle where high initial APYs attract early stakers, leading to increased token value and further staking. When some participants realize their profits, the APY adjusts to reward long-term holders, thereby perpetuating the cycle. This phase funds the treasury through taxes on sell and unstake transactions, setting the stage for the subsequent growth phase.

In the Growth phase, treasury funds are strategically allocated to build new projects within the Genesis ecosystem. Projects are proposed, reviewed, and decided upon through a DAO voting mechanism. Revenue generated from these projects is reinvested into the ecosystem, and significant marketing campaigns are conducted to increase $GEN's visibility and impact.

The final phase, Heavy Deflation, ensures that the $GEN token becomes deflationary over time. This is achieved when the profitability of projects built on the Genesis platform surpasses the staking rewards, leading to a net reduction in token supply. This phase guarantees the ecosystem remains self-sufficient and continues to grow, with the token value and functionality increasing over time.