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Tokenomics

bGYND

bGYND is how incentives get paid: for liquidity, DropWave, and airdrops.

Overview

Instead of emitting GYND directly, the protocol distributes incentives as bGYND: rewards for liquidity, DropWave, and airdrops. 20% of the total GYND supply is reserved for bGYND incentives as part of the community allocation.

The GYND and bGYND tokens
Introducing GYND and bGYND, the fee token and the incentive token

How it works

  • Backed 1:1 by GYND — every bGYND is matched by GYND held by the protocol.
  • Stakeable — bGYND can be staked to earn rewards, just like GYND.
  • Convertible — convert to GYND for a small discount whenever you choose.