Tokenomics
GYND
GYND is the protocol's utility and fee token. It is a direct claim on what the ecosystem earns.

Overview
Revenue flows to GYND from multiple parts of the ecosystem, not borrowing alone: the CDP system generates borrower interest, and the DEX adds a second fee engine through trading activity.

Staking
Stakers earn a share of protocol revenue with no lock-ups, no vesting, and no withdrawal delays. Stake to earn, unstake anytime without penalty, and claim accrued rewards freely.
Staking or governance
GYND holders can stake for yield or register their tokens for governance, but not both at once. That creates a natural balance between passive revenue and active protocol direction.
The fee switch
Once the one-time, irreversible fee switch is activated, revenue share flows to GYND holders in perpetuity, with no mechanism for dilution, arbitrary modification, or revocation. The switch also permanently transfers borrow rate control to GYND holders. See Philosophy for the two launch paths.
Tokenomics
| Allocation | Share | Notes |
|---|---|---|
| Community | 70% | 50% as GYND, 20% as bGYND incentives. |
| Team | 15% | |
| Treasury | 10% | |
| Advisors | 5% |
