Gauss Docs
  • 🌐Getting Started
    • Welcome to Gauss
    • Whitepaper
      • Blockchain Providers Need to Do Better
        • Solving a Lack of Token Adoption
          • An Evolving Space With Untapped Potential
        • Security & Reliability
          • Curation & Vetting
            • Important Note For Brands
        • Token Creation
      • WHY BUILD WITH GAUSS?
      • Use Cases
        • Use Cases (Chart)
      • Roadmap
      • Technical Background and Blockchain Development
        • Why Another Blockchain?
        • Gauss 1.0: Built With Efficiency and a Strong Infrastructure to Launch Rapidly
        • Gauss 2.0: Added Functionality For a Better User Experiance
          • Noble Swap 2.0
          • NFTs in Gauss 2.0
          • Token Development Kit (TDK)
          • Gaming DAO
          • Omnipool
      • Token Economics
        • Gang Token Economics: Designed to Ensure Trust and Transparency
        • Token Locking Schedule
        • Reflections: Rewarding the Gauss Community
        • Charitable Allocations: Grants, Scholarships, & Financial Assistance
      • The Gauss Team
      • Important Definitions
      • DISCLAIMER
        • PURCHASER WARNING
        • PROMINENT STATEMENTS
        • FUTURE STATEMENTS
        • VALUE RISKS
        • NOT A SECURITY
    • How To Connect
      • Create Metamask Wallet
    • Links
  • ⚡Launching with Gauss
    • Benefits of Building with Gauss
      • Fostering an Environment for Success
      • Gauss Growth Grant Program
      • Gauss Liquidity Program
      • Ecosystem Integrity Fund
      • Client Referral Program
    • A Guide to Curation
      • Core Principles and Curation Guidelines
      • Curation Stages and Processing Fees
    • Building on Gauss
  • 🖥️Gauss Ecosystem
    • Gauss Chain
      • Polygon-Edge Overview
      • Architecture
      • Consensus
      • Client Modules
        • Blockchain
        • Minimal
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      • Polygon-Edge Performance Reports
      • For Developers
        • Operate a Node
          • Local Install
          • Genesis Contract
          • Server Config
          • CLI Commands
          • Key Management
        • Run a Validator
          • Validator FAQ
        • Smart Contract Deployment Permissioning
        • Deploying Contracts
          • Remix
          • Truffle
          • Hardhat
          • Replit
    • Gauss Explorer
      • Features
      • Navigating the Explorer
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      • Verifying a Smart Contract
        • Hardhat Plugin
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        • OpenZeppelin Plugin
      • Interacting With Smart Contracts
      • Exporting Transactions
      • FAQ
      • For Developers
        • Gauss Explorer Dependencies
        • Deployment Guide
          • Smart Contract Verification
          • Cleaning an instance from the previous deployment
          • ENV Variables
          • Testing
        • APIs
          • Requests & Limits
          • GraphQL
          • ETH RPC
    • Noble Swap
      • Liquidity Boost Program
    • Tokens
    • Gauss NFTs
      • Ferro Cards
      • F.E.R.R.E.T. NFTs
    • Contests & Giveaways
    • Gauss Faucet
      • For Developers
    • Address List
  • 💡Additional Resources
    • Partnerships & Affiliates
    • Discord Channel
    • Contact Us
    • Learning Materials
      • Web3 Glossary
    • Media Kit
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On this page
  1. Getting Started
  2. Whitepaper
  3. Token Economics

Gang Token Economics: Designed to Ensure Trust and Transparency

PreviousToken EconomicsNextToken Locking Schedule

Last updated 1 year ago

Economic, incentive, and mechanism design are crucial elements of any crypto project. They define how tokens are distributed. Gauss is resolute in protecting our ecosystem for our community, brand partners, and their audiences. These protections ensure the continued success and growth of Gauss and our partners over the long term. Gauss is committed to transparency and open communication. Every token in our total supply and company wallets will always be accounted for online, with full disclosure. This also applies to every other aspect of our finances. Transparency is the foundation of how we will conduct business. This is even more important when it comes to token economics. Every digital item under Gauss's administration will be transparently managed, along with publicly published reporting. Any questions will be thoroughly answered by the Gauss team. Nothing will be obscured. Any missing details in early documentation result from accidental exclusion. There is no malicious intent. Discrepancies, if discovered, will be corrected promptly. Trust is critical for Gauss and our community.

The total supply of GANG was pre-minted upon launch. Tokens will soon be distributed to designated company wallets. We will disclose each wallet and smart contract address, with annotations to show how they will be used. These tokens will have time locked schedules via smart contract. They will unlock based on the published release schedule. Gauss will receive 30% of the initial supply of GANG. The GANG will be divided across funds for marketing, operations and development, charitable donations, incentives, and a reserve. All minted tokens will eventually end up in circulation. When the community and company allocations are distributed, roughly 85% of all GANG will be in circulation. Our primary revenue stream will come from transaction fees. These fees are broken down into four types: redistribution, liquidity, charitable fund, and company funds. All revenue generated from transaction fees will ensure the Gauss Ecosystem is sustainable and allow us to achieve our long-term goals.

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