Gyrowin is a decentralized cross-chain gaming and finance platform. The platform aims to provide transparent and fair reward distribution for all its lottery games and strives to maintain full decentralization by running all its core activities through oracles and smart contracts.
GW is the native utility token that is used for:
Borrowing and lending to earn interest.
Staking (also called money plant) which has multiple sources of rewards to earn a higher Return on Investment (ROI) for the participants.
Governance votes to determine platform core changes.
Fees for buying and selling tokens.
Rewarding stakeholders and lenders.
How many GW tokens are there in circulation?
Gyrowin launched its token on the Binance smart chain mainnet on September 21, 2023, with a total supply of 5 billion tokens. Approximately 8.32% of the total supply is used to improve the stability of the GW liquidity pool. This portion is locked in the Gyrowin Freezelock contract from the beginning. Similarly, 41% is reserved for managing the annual inflation rate, governance voting, and adding liquidity for lending. This portion is also locked in the Gyrowin Freezelock contract. 5% of the token supply is used for marketing and has a 5% monthly vesting period.
17% of the tokens are allocated for CEX listings, loyalty programs for creators, and bounties. 0.25% was allotted for the Tenset Infinity airdrop, which is vested daily with a 2-week cliff.
In terms of the sales token allocation, 10% was purchased during the Money plant sale. 30% of the tokens are available at the Token Generation Event (TGE), and 5% are vested every 2 months. Similarly, approximately 8.3% was purchased during the private sale, which has a 20% TGE and a 5% fortnightly vesting period. For our final sale before the launch, the Pinksale presale Fairlaunch, approximately 0.34% was purchased.
Overall, approximately 10% of GW's total supply was allocated to the project's founders.
At the time of writing, the circulating supply of GW tokens was about 266,994,281 GW and 25,155,720 GW tokens were burned using a buyback and burn strategy from the liquidity pool.
Who are the founders of Gyrowin?
Gyrowin platform is build by the developers from Korea and Australia, who had extensive experience in blockchain development.
The developers previously worked for hydrogen based blockchain project in solana, and in august 2022 began working on Gyrowin. Currently, the project employ more than 10+ staffs.
Founder is kyced by pinksale.
Where Can I Buy GW token?
GW is available for trading on one of the biggest DEX in Binance smart chain, called pancakeswap. Currently, GW/USDT pair is available.