-
Bitcoin
$97,471.8974
0.22% -
Ethereum
$2,725.3211
-2.81% -
Tether USDt
$1.0002
0.02% -
XRP
$2.3668
-1.88% -
Solana
$193.5992
-3.13% -
BNB
$581.8545
1.18% -
USDC
$1.0000
0.00% -
Dogecoin
$0.2538
-1.83% -
Cardano
$0.7295
-2.18% -
TRON
$0.2334
4.63% -
Chainlink
$18.9806
-1.96% -
Avalanche
$25.1198
-3.83% -
Sui
$3.2608
-2.56% -
Stellar
$0.3257
-1.49% -
Toncoin
$3.8236
0.35% -
UNUS SED LEO
$9.8022
-0.63% -
Hedera
$0.2361
-2.69% -
Shiba Inu
$0.0...01514
-4.24% -
Hyperliquid
$24.2807
-4.09% -
Bitget Token
$6.7267
2.63% -
Litecoin
$105.2154
0.21% -
Polkadot
$4.6029
-2.77% -
Bitcoin Cash
$322.8764
-1.48% -
Ethena USDe
$1.0002
0.00% -
MANTRA
$5.8095
0.36% -
Uniswap
$9.1392
-2.22% -
Dai
$1.0000
0.00% -
Ondo
$1.3799
2.81% -
Monero
$223.7203
-2.84% -
Pepe
$0.0...09438
-6.31%
What is the distribution model of Gelato coins?
Gelato Network's balanced token distribution model fosters stakeholder alignment, giving team, advisors, and the Gelato DAO voting power to shape the project's direction and ensure its long-term growth.
Dec 26, 2024 at 07:33 am
![](/uploads/20241226/1735150612676c4c149ebd4.png)
Key Points:
- Gelato Network's token distribution model aims to align incentives among stakeholders and support the project's long-term growth.
- The distribution plan includes allocations for various roles, such as team, advisors, investors, and the Gelato DAO.
- Token holders have voting rights and influence over key decisions through the decentralized autonomous organization (DAO).
Token Distribution Model
Team Allocation:
- 25% of the total supply is allocated to the founding team and early contributors.
- This allocation recognizes the team's efforts in developing the Gelato Network infrastructure and supports their continued involvement in the project's success.
Advisors and Investors:
- 15% of the supply is reserved for advisors and investors who provided strategic guidance and financial support during the project's early stages.
- This allocation incentivizes these stakeholders to remain engaged with the Gelato Network and support its growth.
Gelato DAO:
- 40% of the tokens are allocated to the Gelato DAO, a decentralized autonomous organization governed by the token holders.
- The DAO allows token holders to propose and vote on key decisions, such as protocol updates, treasury management, and partnerships.
Public Sale:
- 20% of the supply is distributed through a public sale to retail and institutional investors.
- The public sale provides an opportunity for early adopters to acquire Gelato tokens and contribute to the ecosystem's growth.
Token Utility and Governance
Gelato Network's token, GEL, has several utilities, including:
- Transaction Fees: GEL is used to pay transaction fees for automation services on the Gelato Network.
- Staking: Holders can stake GEL to earn rewards and participate in network governance.
- Proposal and Voting: GEL holders have voting rights within the Gelato DAO, allowing them to influence the project's direction.
FAQs:
Q: What is the total supply of Gelato tokens?
A: The total supply of GEL is 100 million (100,000,000).
Q: When was the Gelato token distribution announced?
A: The Gelato Network's token distribution was announced in October 2021, alongside the launch of the mainnet.
Q: How can I acquire Gelato tokens?
A: GEL tokens can be purchased through the public sale or on secondary exchanges like Uniswap and PancakeSwap.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
- Dogecoin Lands On A Significant Support Level As Newcomer Remittix (RTX) Mirrors Its 2021 Massive Rally
- 2025-02-07 10:46:03
- Solana (SOL) and PlutoChain ($PLUTO) Show Promise as the Market Awaits a Breakout
- 2025-02-07 10:46:03
- Tokenizing the Cincinnati Bengals: A longshot idea to keep the team in town
- 2025-02-07 10:46:03
- Ethereum (ETH) Prepares for Pectra Upgrade as Analyst Predicts New ATH in February
- 2025-02-07 10:46:03
- Binance Research: Meme Coins, ETFs, AI Tokens
- 2025-02-07 10:46:03
- Dogecoin Whales Secretly Invest in WallitIQ (WLTQ) AI Crypto Gem Before It Explodes
- 2025-02-07 10:46:03
Related knowledge
![When was Litecoin issued? When was Litecoin issued?](/uploads/20250203/173857653167a09293bdac4.png)
When was Litecoin issued?
Feb 04,2025 at 02:36am
When was Litecoin Issued?Key Points:Litecoin's inception and developmentLitecoin's launch date and market dynamicsLitecoin's technical specifications and key featuresLitecoin's Inception and DevelopmentLitecoin, conceived by former Google engineer Charlie Lee, emerged as a fork of Bitcoin in October 2011. Inspired by Bitcoin's revolutionary blockchain t...
![Which is better, Litecoin or Tron? Which is better, Litecoin or Tron?](/uploads/20250203/173857647867a0925ed11c1.png)
Which is better, Litecoin or Tron?
Feb 04,2025 at 10:30pm
Key Points:Similarities between Litecoin and Tron: Decentralized, open-source blockchain platformsDifferences between Litecoin and Tron: Use cases, consensus mechanisms, transaction speedsFactors to consider when choosing between Litecoin and Tron: Investment goals, risk tolerance, specific use casesPotential benefits and drawbacks of Litecoin and Tron:...
![How to buy and trade Litecoin? How to buy and trade Litecoin?](/uploads/20250203/173857641167a0921bc6eef.png)
How to buy and trade Litecoin?
Feb 04,2025 at 12:24pm
Key Points:Understand the Basics of LitecoinSelect a Suitable Cryptocurrency ExchangeCreate an Account on the ExchangeFund Your AccountPlace a Buy Order for LitecoinSecurely Store Your LitecoinUnderstand Litecoin TradingHow to Buy Litecoin?1. Understand the Basics of LitecoinLitecoin (LTC) is a decentralized digital currency similar to Bitcoin.Created i...
![Which has better potential, Litecoin or Ethereum? Which has better potential, Litecoin or Ethereum?](/uploads/20250203/173857635567a091e3f1fdc.png)
Which has better potential, Litecoin or Ethereum?
Feb 04,2025 at 05:30pm
Key Points:Litecoin and Ethereum are two of the most popular cryptocurrencies in the world.Both coins have their own unique advantages and disadvantages.Litecoin is a faster and cheaper transaction coin than Ethereum.Ethereum is a more versatile platform than Litecoin, and it can be used to create decentralized applications (dApps).Litecoin has a long h...
![What country is the founder of Litecoin from? What country is the founder of Litecoin from?](/uploads/20250203/173857630167a091ad4237a.png)
What country is the founder of Litecoin from?
Feb 04,2025 at 05:55am
Key Points:Litecoin's Founder and the Relationship with Charles LeeLitecoin's Technical Features and Similarities to BitcoinLitecoin's Role in the Cryptocurrency Ecosystem and Its PopularityComparative Analysis of Litecoin with Major CryptocurrenciesLitecoin's Community Involvement and PartnershipsArticle Content:Litecoin's Founder and the Relationship ...
![Which is better, Litecoin or Ripple? Which is better, Litecoin or Ripple?](/uploads/20250203/173857624367a0917367b19.png)
Which is better, Litecoin or Ripple?
Feb 04,2025 at 08:00pm
Key Points:Litecoin: a decentralized, peer-to-peer cryptocurrency based on the Proof-of-Work consensus mechanismRipple: a centralized, enterprise blockchain solution designed for fast and low-cost paymentsDirect comparison of Litecoin vs. Ripple in terms of technology, market capitalization, use cases, and transaction feesPotential benefits and drawback...
![When was Litecoin issued? When was Litecoin issued?](/uploads/20250203/173857653167a09293bdac4.png)
When was Litecoin issued?
Feb 04,2025 at 02:36am
When was Litecoin Issued?Key Points:Litecoin's inception and developmentLitecoin's launch date and market dynamicsLitecoin's technical specifications and key featuresLitecoin's Inception and DevelopmentLitecoin, conceived by former Google engineer Charlie Lee, emerged as a fork of Bitcoin in October 2011. Inspired by Bitcoin's revolutionary blockchain t...
![Which is better, Litecoin or Tron? Which is better, Litecoin or Tron?](/uploads/20250203/173857647867a0925ed11c1.png)
Which is better, Litecoin or Tron?
Feb 04,2025 at 10:30pm
Key Points:Similarities between Litecoin and Tron: Decentralized, open-source blockchain platformsDifferences between Litecoin and Tron: Use cases, consensus mechanisms, transaction speedsFactors to consider when choosing between Litecoin and Tron: Investment goals, risk tolerance, specific use casesPotential benefits and drawbacks of Litecoin and Tron:...
![How to buy and trade Litecoin? How to buy and trade Litecoin?](/uploads/20250203/173857641167a0921bc6eef.png)
How to buy and trade Litecoin?
Feb 04,2025 at 12:24pm
Key Points:Understand the Basics of LitecoinSelect a Suitable Cryptocurrency ExchangeCreate an Account on the ExchangeFund Your AccountPlace a Buy Order for LitecoinSecurely Store Your LitecoinUnderstand Litecoin TradingHow to Buy Litecoin?1. Understand the Basics of LitecoinLitecoin (LTC) is a decentralized digital currency similar to Bitcoin.Created i...
![Which has better potential, Litecoin or Ethereum? Which has better potential, Litecoin or Ethereum?](/uploads/20250203/173857635567a091e3f1fdc.png)
Which has better potential, Litecoin or Ethereum?
Feb 04,2025 at 05:30pm
Key Points:Litecoin and Ethereum are two of the most popular cryptocurrencies in the world.Both coins have their own unique advantages and disadvantages.Litecoin is a faster and cheaper transaction coin than Ethereum.Ethereum is a more versatile platform than Litecoin, and it can be used to create decentralized applications (dApps).Litecoin has a long h...
![What country is the founder of Litecoin from? What country is the founder of Litecoin from?](/uploads/20250203/173857630167a091ad4237a.png)
What country is the founder of Litecoin from?
Feb 04,2025 at 05:55am
Key Points:Litecoin's Founder and the Relationship with Charles LeeLitecoin's Technical Features and Similarities to BitcoinLitecoin's Role in the Cryptocurrency Ecosystem and Its PopularityComparative Analysis of Litecoin with Major CryptocurrenciesLitecoin's Community Involvement and PartnershipsArticle Content:Litecoin's Founder and the Relationship ...
![Which is better, Litecoin or Ripple? Which is better, Litecoin or Ripple?](/uploads/20250203/173857624367a0917367b19.png)
Which is better, Litecoin or Ripple?
Feb 04,2025 at 08:00pm
Key Points:Litecoin: a decentralized, peer-to-peer cryptocurrency based on the Proof-of-Work consensus mechanismRipple: a centralized, enterprise blockchain solution designed for fast and low-cost paymentsDirect comparison of Litecoin vs. Ripple in terms of technology, market capitalization, use cases, and transaction feesPotential benefits and drawback...
See all articles
![](/assets/pc/images/png92.png)