Tokenomics

The $GGG token features a trading fee set with a cutoff. Fixed at 10% for each buy and 20% for each sell transaction for the first 24 hours. After 24 hours, the tax will drop down to 3% for each buy and sell transaction. This initial token fee is used for marketing and start up costs, as well as keeping MEV activity at a low.

Tokenomics Token Ticker: GGG

CA: 0x...

Market: Buy on Uniswap

Token Supply and Distribution

Total Supply: 10,000,000 $GPG

Network: BASE

Team Allocation: 15% vested, now fully distributed

Centralized Exchange Listings: Planned to facilitate broader access and trading.

Transaction Taxes Buy Tax: 3% (After 24 hours)

Sell Tax: 3% (After 24 hours)

Migration to Base In July 2024, we migrated our entire web3 backend from Ethereum to Base, a secure, low-cost Ethereum layer-2 solution developed by Coinbase. Base leverages Ethereum's security while providing faster and cheaper transactions for DeFi, gaming, and NFTs. Base is now the primary network for $GGG, but we retain the option to go multichain in the future.

Airdrops and Rewards All $GGG holders on Ethereum received a 1:1 airdrop of their tokens on Base. This means that if you currently hold $GGG on Ethereum, you received an equivalent amount of $GGG on Base at no additional cost.

To thank our early holders, we added 10% to the revenue share funds to be distributed. These holder rewards are claimable in USDC on Ethereum from holders' account pages, ensuring that all previous commitments are honored during the transition to Base.

We will also conduct raffle airdrops, leaderboard gamification, and giveaways on Discord, Telegram, and Twitter to promote engagement and token adoption.

Fees, Buybacks, and Burns To help stabilize and increase the value of $GGG, there will be a token buyback and burn mechanism funded by up to 20% of our revenue (i.e., from wager fees, Gunwpoder Hub trading fees, and all future platform revenue). This strategy is part of our broader approach to generate consistent revenue streams while ensuring the sustainability of the Gunwpoder ecosystem.

Token Utility Roadmap Users can initially wager in crypto using USDC on Base. Soon, $GGG will also be an option for wagering with no fees. This change aims to enhance the user experience and expand the utility of the $GGG token.

Holding $GGG also provides platform users with some amazing benefits. Holders will receive up to 2% cashback on wagers and up to a 30% multiplier on a new quest and points reward system.

Bronze Must hold $GGG value of at least $1 USD 10% more points per quest completion No cashback on wagers

Silver Must hold $GGG value of at least $50 USD 20% more points per action 1% cashback on wagers

Gold Must hold $GGG value of at least $500 USD 30% more points per action 2% cashback on wagers 1% cashback on NFT purchases & sales $5 monthly wager credit