GameSwap GSWAP Token Distribution Details (Updated)

Token Details

General

  • Max Supply: 20,000,000
  • Symbol: GSWAP
  • Token Type: dApp Governance token

Allocation

GSWAP will be offered with a fair distribution, with most tokens going to the community in several ways: yield farming rounds, rewards, grants, bounties, reserved funds for developing the ecosystem/platform, and so on. The community will decide what to do with the tokens via voting.

  • 30% 1st Farming round (more rounds to come!)
  • 12.5% Retroactive LP rewards
  • 5% SHROOM token holders grant
  • 22.5% Community Treasury: future farms, bounties and initiatives
  • 20% Foundation Reserve (partnerships, legal, marketing, etc)
  • 10% Development Fund

Farming Details 👨‍🌾 🎮

General

Farming will start during the coming few days, the exact day will be announced via our social media channels. Stay tuned!

  • 4,200,000 for Farming Pools
  • 1,200,000 Bootstrapping Pool (Bounce.finance Auction)
  • 300,000 ETH-GSWAP Uniswap Pool
  • 300,000 GSWAP-SHROOM Balancer Pool
  • Rate: 30 tokens per block
  • Estimated duration: 4,200,000/(6,500*25) = ~25.84 days of farming
  • LP soft-lock: Liquidity will be locked until farming ends, and once LPs unstake the LP token will be returned linearly per block over 3 months period (this is around 1% per day). Via sablier.finance.
  • Rewards vesting: Rewards will be claimable only when farming ends. These will also be vested linearly (per block) during 3 months, via Sablier too, another 1% day.

Farming Pools 🍄

The final farming pools are as follow:

GSWAP 🎮 Bootstrapping Pool (Auction)

Due to popular demand by community members a % of pre-issued tokens (1,200,000) will be allocated in a pool in order to kickstart the GSWAP farming pairs. The process will have the following particularities:

  1. The GSWAP tokens will be provided in a sealed-bid auction via bounce.finance.
  2. Pooled funds will be recirculated into the ecosystem.
SHROOM hodler in action waiting for air(drop) support

SHROOM Token Holders Grant

We will be airdropping 5% of all GSWAP tokens as a reward to the most loyal SHROOM Protocol supporters. Who will be eligible to enter the reward?

LP Retroactive Rewards

As indicated in the first section, the LPs helping us bridge liquidity between these 2 farms will get 12.5% of the total GSWAP supply. The rewards will be credited around the same time when the GSWAP farming claiming starts.

Further Reading

Join us!

Are you game?

  • Game Devs: We will help you promote your game, bootstrap your assets, and link them to the crypto world and its vast liquidity.
  • Yield Farmers: Participate in our upcoming LP program(s), helping bootstrap cool games where you will be driving governance and getting interesting token rewards.
  • Developers: If you would like to work at the intersection of gaming and DeFi, come and help us build the future, we have several grants and funds lined up.
  • Designers: Bring your artistic input! There will be a separate token fund for design tasks. We are starting from a blank canvas without creative limits.
  • Marketers & Influencers: Use your skills and influence for creating real tangible value in a battle-tested industry. Become an ambassador; share our success.

💬 Social Media

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