🪙Tokens

GLAD: Gladiator Finance Peg Token

The GLAD token is designed to be used as a medium of exchange. The protocol's built-in stability mechanism will maintain GLAD's peg to 0.1 AVAX token in the long run.

Please note that Gladiator Finance is algorithmically stabilized. This is different than being collateralized, and means the value will stay around 0.1 AVAX. Thanks to our innovative algorithm, value accrues to holders whenever the value isn't exactly 0.1 AVAX. $GLAD should not be confused for a crypto or fiat-backed stablecoin.

How GLAD is to be distributed during expansions?

GLADSHARE stakers: 80% to reward GLADSHARE stakers

GLAD NFT staking pool: 10% to reward NFT holders

Treasury Allocation: 3% to support the protocol.

Team Allocation: 3% to incentivize the team to keep building and innovating.

$GLADSHARE: Gladiator Finance Share Token

Gladiator Shares (GLADSHARE) are one of the ways to measure the value of the Gladiator Protocol and shareholder trust in its ability to maintain GLAD close to the peg. During expansionary epochs the protocol mints GLAD and proportionally distributes it to all GLADSHARE holders who have staked their tokens in the Catacombs.

GLADSHARE holders have voting rights (governance) on proposals to improve the protocol, as well as future use cases within the Gladiator Finance ecosystem.

GLADSHARE has a maximum total supply of 50,000 tokens distributed as follows:

• Initial mint: 1 GLADSHARE will be minted upon contract creation and fairly distributed via the Initial NFT staking pool to all staked NFTs.

• Incentives: 89.998% GLADSHARE is allocated to incentivize participants of the Arena and NFT stakers over a span of 180 days.

• Treasury Allocation: 7.5% to support the protocol,

• Team Allocation: 2.5% to incentivize the team to keep building and innovating.

Tax system:

GLADSHARE

No tax

GLAD

Buy tax: no

Transfer tax: no

Sell tax: X% - goes to Treasury

Linear interpolation X is based on TWAP 1 GLAD/0.1 AVAX

$GLAD sell tax table