FAQs

Visit https://www.coingecko.com/en/coins/gain-daofor for the approximate spot value of your Gain tokens.

There are two methods you can use to liquidate your tokens;
-Harvesting your tokens
-Selling your tokens on the open market

The team allocation totals 7.5% (3,150,000) of the total 42,000,000 GAIN token supply. These tokens are vested indefinitely as they must be purchased from our Distribution Contract from the revenue generated via our ecosystem.

Token holders can swap GAIN and uGAIN on Uniswap or via the Harvest.

Go to the Ethereum or USD pool page on our website. Connect your wallet. Once you’re connected you can import the corresponding token to your wallet. Once you import it, you will now see the GAIN and uGAIN tokens in your wallet.

You can store Gain tokens on any hardware wallet or webwallet that is self-custodial and accepts ERC-20 tokens such as a Trezor https://trezor.io/

Please contact the exchange and verify they have listed the specific Gain token you would like to send to the broker prior to sending. Generally speaking Gain tokens are listed on decentralized exchanges such as Uniswap, which removes the counterparty risk of using a centralized exchange.

This means that full distribution has been achieved and all tokens are now in circulation. In order to purchase Gain tokens, you will have to do so on the open market.

The genesis rate for GAIN tokens is 3000 GAIN for 1 Ether. When the distribution contract reaches full distribution, you will be able to exchange 1 GAIN for 1 Ether. In addition, harvested tokens will be burned, which will increase the scarcity of GAIN tokens. Finally, as the pool increases in size, the redeemable rate of GAIN tokens will increase proportionally.

The most challenging aspect of our ecosystem is the selection of our community elected Technology Providers. If the token holders select poor quality managers, the performance of our token will reflect this. As the selection of the Technology Providers is considered as “work” and is an indispensable component related to the success of our ecosystem, Gain tokens pass the Howey test and should not be considered a security.

One should always check the going rate on the open market and the current rate from the distribution contracts and go with the best available rate.

Make sure to follow the links from our website to ensure you’re exchanging authentic Gain tokens. Always double check the token contract address.

Steps to Harvest:
• Connect your web wallet; Once connected you will see your available GAIN and uGAIN token balance.
• Designate the number of tokens you wish to Harvest. Keep in mind you can only Harvest between the 3rd and 15th of each calendar month.
• Execute the Harvest function. This will send your Gain tokens to the Harvest contract. Your Gain tokens will remain there until they are exchanged for Ether and burnt.
• Once the Harvest period closes at midnight UTC on the 15th of the month, the number of Ether required to fulfill the Harvest will be calculated by the DAO Manager and requested from the brokers in the form of a withdrawal. Once the Ether arrives at the Gain Pool account, it will be sent in a batch transaction to the addresses that participated in the Harvest.

Once registered, the harvesting process may take between 3 to 5 weeks.

Token holders have until the 15th to register for the harvest of the following month.

Token holders can claim their yield as of the 7th of each month. Note that you may have to wait up to 7 calendar days since the original harvest date.

There is a 1 year claim limit, after which the Gain Treasury can recall the underlying asset.

No, you cannot. You will have to go through the harvesting.

The amount of tokens you receive depends on the harvesting rate. Once you harvest, you will be able to see your estimated yield and the amount of Ether you will receive.

Gain offers the Harvest to provide a service to token holders to exchange any amount of Gain tokens with the corresponding pools underlying asset. This is possible by backing 1:1 every Gain pool.

This is the redeemable amount of Ether for your GAIN tokens. It is determined by the ratio between redeemable GAIN tokens and Ether held in the Gain Pool.
Example:
Ø There are 10,000,000 redeemable GAIN
Ø 100,000 (1%) of all redeemable GAIN tokens are sent to the Harvest contract.
Ø The Gain Pool has a balance of 50,000 Ether at the close of the quarter.
In this case, the Spot Harvesting Rate would be:
200 = 10,000,000 GAIN / 50,000 Ether
Meaning that for every 200 GAIN tokens sent to the Harvesting contract, 1 Ether will be exchanged.

Farming fees cover costs associated with converting, depositing and withdrawing funds to and from our brokers.

This depends on a few factors, one being the price of GAIN tokens on Decentralized and Centralized exchanges. When there is a premium for GAIN tokens on exchanges, it is better to simply sell your GAIN tokens on an exchange as opposed to Harvesting, as you will receive a better rate for your tokens.
Another factor is your time horizon for your investment. If you are a long term holder and believer of crypto as an asset class, it will behoove you to simply hold your GAIN tokens vs harvesting them, which comes with some associated costs.

100% of GAIN and uGAIN tokens harvested are burned.

Pick the pool of your liking. You can find the overview of our current pools on our homepage. Connect a web wallet to interact with the Distribution contract to tokenize your Ether and USDC into Gain tokens. Once you hold Gain tokens you will be part of the corresponding pool and benefit from any profit generated by our Technology Providers.

Through you! GAIN token holders propose and vote for the Technology Providers that manage the Gain pools. Technology Providers have to meet strict criteria in order to manage an allocation of Gain pools.

Gain pools are audited through myfxbook. This platform audits our pools several times per day. Users can check the trading pools at any moment and look at the data themselves.

The performance of each pool can differ slightly depending on which broker is being used. The price feed of each broker differs slightly, which will create differences in monthly performance.

Technology Providers are responsible for applying their trading technology and generating a yield for the Gain pools.

Returns are not guaranteed. The returns for Gain pools are all variable so some months will make a return and others will not. The objective of our pools are to return 2-3% monthly returns, however these are objectives and not a guarantee.

The beta account is used as a proof of concept. It was used at the beginning of the project to test trading strategies with our initial Technology Provider, Cornerstone.

100% of the funds collected from the Distribution contract are sent to the pools. This allows our Gain tokens to maintain a full-reserve with the corresponding pool.

Gain works with the biggest regulated brokers in the market. Gain is partnered with Axi.com, Tvmarkets.com and Gbebrokers.com

The DAO Manager is tasked with requesting withdrawals from the brokers Gain Enterprises holds accounts with. The assets are sent to the Gain Pool multi signature wallet, controlled by the core team members.

No. Gain does not loan out any funds from the pool.

Only once/if the DAO votes to do so. Theoretically the pools do not have an expiration date and will keep running long after all tokens have been put into circulation.

GAIN token holders can make DAO proposals to create new pools.

Go to Gain DAO voting page voting page https://snapshot.org/#/gaindao.eth. Select “New proposal”. Describe the pool that you want to propose and let the community vote for implementation.

Gain Technology Providers go through a strict selection process. Gain requires:
• Minimum of 1 year of audited live testing results
• Performance metrics achieved. 2-3% of monthly returns, profit factor of 1.25 or higher, trading expectancy of 5.0 pips or higher, and limit maximum drawdown to 20%

Treasury Management Services provides blockchain projects with the same technology that drives Gain pools. This service is intended to increase cash flow whilst maintaining a conservative risk profile.

TMS only uses the algorithms used by our Technology Providers. TMS clients can fund their account with USD, Ethereum, or Bitcoin.

Send us an email at partners@gain.ai. The team will get in contact with you to discuss business opportunities or answer any questions.