GVNR operates via a token orientated model, built for frictionless adoption, consistent utilisation and organic deflation of the $GVNR token.
Last updated
GVNR operates via a token orientated model, built for frictionless adoption, consistent utilisation and organic deflation of the $GVNR token.
Last updated
When building out this model, consideration has been taken to make sure that GVNR has consistent and predictable revenue from a multifaceted approach to token valuation.
Actors do not need to buy the $GVNR Token as gas will be paid in native tokens depending on chain being used.
Extracted fees flow to the GVNR furnace, the protocols automated buy and burn mechanism.
Annually recurring chain contributions are required from chain foundations.
Transactional activity can reduce or fully offset this fee dependant on activity on chain.
Participating Foundations can speed up connectivity through a fast track fee, or build their own permissionless connection to GVNR.
Tokenomics driven by the protocols dynamic deflationary buy and burn mechanism. This moves value extracted through fee capture into the entire token ecosystem.
A scaling percentage of fees will be dedicated to price agnostically buying and burning of $GVNR automatically by the protocol.