Rewards Overview

Describing Rewards and Tokens

Tokens

  • GS Token: This is the governance token for GammaSwap. It can be staked to earn 30% of protocol revenue in ETH, esGS rewards and MP points.

  • Escrowed GS (esGS): This is the escrowed form of GS. esGS is a non-transferable ERC-20 token. It is earned from staking and liquidity mining. esGS can be staked for more esGS, or vested over a 30 day period. To vest, the user must reserve the LP tokens or GS tokens that they used to earn the esGS.

  • Multiplier Points: MP points are non-transferable ERC-20 tokens earned from staking. They reward stakers without inflation by increasing the APR on ETH rewards. The MP point APR is 100%. There is also a cap of 100% meaning if you have more MP points than GS or esGS staked they will still accrue but no longer actively increase your ETH staking %. If a user withdraws GS or esGS from the staking vault, the proportional amount of MP points are burned

Token Addresses

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