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Gains Network priceGNS
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About Gains Network (GNS)
What Is Gains Network (GNS)?
The Gains Network provides a decentralized trading platform that enables users to trade cryptocurrencies and forex with leverage. Leverage involves using borrowed funds to trade financial assets. According to its whitepaper, the platform aspires to create a decentralized finance ecosystem for the future. The Gains Network launched its first decentralized leverage trading platform, gTrade, on the Polygon (Matic) blockchain. The network asserts that gTrade's unique architecture makes it more capital efficient than other platforms.
What Makes Gains Network (GNS) Unique?
The Gains Network is introducing reward pools for its users, which are designed to enhance the trading experience, increase the system's resilience, and improve capital efficiency. There are two reward pools available on the platform:
The DAI Vault allows anyone to stake DAI and earn DAI rewards based on trading volume.
The GNS/DAI Pool is accessible exclusively on the Polygon (Matic) mainnet. Users can stake their LPs to earn GNS and dQUICK rewards. Depositing Quick tokens into the staking contract generates dQUICK, also known as "Dragon's Quick."
What Is the Gains Network token?
The Gains Network has its own utility token, GNS, which follows the ERC20 standard. The total supply of GNS tokens is 38,500,000, and its maximum supply is set at 100,000,000. Additionally, the platform offers five types of NFTs that are considered the master keys of the ecosystem. There are 1500 NFTs in total, with each of the five categories having a specific number of keys: 500 Bronze Keys, 400 Silver Keys, 300 Golden Keys, 200 Platinum Keys, and 100 Diamond Keys.
Gains Network (GNS) Price Prediction
Based on the latest predictions, Gains Network is expected to experience a substantial growth of 226.95%, reaching $10.55 by the end of 2025. However, it's worth noting that the current market sentiment is bearish and the Fear Greed Index is currently at 11.98, indicating extreme fear. It's important to proceed with caution and closely monitor market trends and indicators.
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Gains Network news
Genius Group boosts its Bitcoin holdings to 172 BTC with a $1.8 million purchase, advancing its "Bitcoin-first" strategy aimed at holding 90% of reserves in Bitcoin.
Gains Network Social Data
In the last 24 hours, the social media sentiment score for Gains Network was 3, and the social media sentiment towards Gains Network price trend was Bullish. The overall Gains Network social media score was 0, which ranks 546 among all cryptocurrencies.
According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Gains Network being mentioned with a frequency ratio of 0%, ranking 500 among all cryptocurrencies.
In the last 24 hours, there were a total of 254 unique users discussing Gains Network, with a total of Gains Network mentions of 43. However, compared to the previous 24-hour period, the number of unique users decrease by 2%, and the total number of mentions has decrease by 51%.
On Twitter, there were a total of 0 tweets mentioning Gains Network in the last 24 hours. Among them, 0% are bullish on Gains Network, 0% are bearish on Gains Network, and 100% are neutral on Gains Network.
On Reddit, there were 6 posts mentioning Gains Network in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 50% .
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