The G.O.A.T Protocol
Introduction
BSC network gives an interoperable climate to DeFi to flourish! Nonetheless, the chain is feeling the loss of a key element; A really local area claimed liquidity mining convention furnishes ranchers with long haul impetuses. At the point when we consolidate our interests with the BSC decentralized organization, our clients will profit by newborn applications/highlights fit for guaranteeing exchanges for a portion of the expense and time it takes on Ethereum. This brings down the normal financial backer’s entrance obstruction, empowering a reasonable commercial center for everybody. Not at all like organizations,unlike Ethereum, BSC is really decentralized, permitting our clients to appreciate genuine decentralized capacities! G.O.A.T Protocol means on utilizing BSCs’ profoundly versatile and different answer for upset the DeFi Ecosystem.
👨🌾G.O.A.Tonomics👨🌾
Many projects have a large portion of their supply preallocated to their team. This enables devs to dump and encourages unfair governance from the start. We motivate a fair launch. Additionally, there will be a brief period before rewards start so that everyone can get in simultaneously.
$GCN tokens will be distributed in a sustainable and balanced manner, as described below:
- Rewards start at a 🎉BONUS🎉 of 1000 GCN p/ block, while the normal rewards are 100 GCN p/block. The hard capitalization of 550,000,000 GCN tokens.
- The following 115000 blocks, rewards are diminishing on a linear scale, -10 GCN p/ block every 180k blocks until 20 GCN p/block. From then on, rewards are declined by 6% every 180k blocks.
Since G.O.A.T has not pre-allocated funds to the team, to ensure long-term sustainability, constant updates, and development of the protocol, 10% of every block reward will be issued to the G.O.A.Ts team. The team’s tokens will be used for development and token burns.
🖌️Protocol Design
Yield farming compensations
For adventurous liquidity providers and yield farmers, G.O.A.T offers excellent rewards. Out of the small 0.3% swap compensation, G.O.A.T grants roughly 0.25% of every swap directly to liquidity providers while 0.05% is sent to sGCN holders.
Key Acknowledgment
Most yield farming protocols fail to address one fundamental concept when designing their reward pools’ structure. When allocating distribution, you must not give a sizable reward to pools that don’t include your rewards token (GCN in our case). When doing so, you provide a low-risk way for whales to dump on your community regularly. Here at G.O.A.T, we took this into consideration when planning for fair distribution and designed the pools to prevent this fundamental issue directly.
The supported pairs GCN rewards are as follow:
- Double Dipping:
sGCN*No Impermanent Loss* - Fastest-growing GCN🏃♂️🏃♂️:
GCN/BNB(PGL)25%,GCN/BNB (PLP)75% - Fast-growing GCN🏃♂️:
GCN/ETH,GCN/BTC,GCN/LINK,GCN/SUSHI,GCN/UNI,GCN/AAVE,GCN/wBTC,GCN/CAKE,GCN/DAI,GCN/USDT,GCN/YFI - Liquidity Kings👑:
ETH/BTC,BNB/ETH,BNB/wBTC,BNB/SUSHIBNB/LINK,BNB/UNI - Fiat Party💸:
BNB/USDT,BNB/DAI,wBTC/USDT,wBTC/DAI,ETH/USDT,ETH/DAI - Slow GCN🐢:
DAI/USDT,BNB,BTC,ETH,LINK*No Impermanent Loss*
💭FAQ
What does G.O.A.T do?
G.O.A.T is an Automated Market Maker and a Yield farming protocol that promises to kickstart Defi by providing users with decentralized opportunities and sustainable rewards.
What are the advantages of using G.O.A.T over other protocols?
G.O.A.T prioritizes balancing rewards and deflationary incentives to create a balanced experience for our users and build a reputation among the DeFi community.
What is GCN?
GCN is the governance and primary token of the G.O.A.T protocol.
Is the project audited?
G.O.A.T was forked from Sushiswap, and all changes associated with the smart contracts were minimized (mostly to correcting imports) and highlighted.+
Is there an airdrop?
Maybe in near future we can surprise the community.
How can I take part?
We’ll be doing a community round before going live on the mainnet.
You can participate by depositing liquidity on our exchange, and you will be able to earn rewards in GCN tokens.
💬 Join Us!
- Join the discussion in our Telegram group at t.me/goatprotocol
- Don’t miss any update by following our Twitter at twitter.com/goat_protocol_
