💎
GEM Web3 Vision
  • 💎GEM Web3 Vision
  • 🔷Phase 1. GEM Hedge Fund
    • GEM Membership Pass NFT
      • NFT utility
      • INO Overview
      • INO Whitelist
  • 🔷Phase 2. GEM STOCKS
    • GEMC Tokenomics
      • Utility
      • veGEM
      • Initial Airdrop
      • Timeline after launch
    • Bribe
      • Token White List
      • Gauge
  • 🔷Phase 3. GEM Dollar
    • GemUSD Tokenomics
      • About conversion
      • GemUSD utility
      • GemUSD additional issuance and profit sharing
  • Roadmap
  • Q&A
  • Links
  • Security
  • Brand asset
  • Disclaimer
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  1. Phase 2. GEM STOCKS
  2. GEMC Tokenomics

Timeline after launch

PreviousInitial AirdropNextBribe

Last updated 2 years ago

GEM STOCKS divides the voting period into weekly epochs. Within each timeframe, emissions are voted on by a gauge voting system. To encourage optimal behavior from the outset, protocol features will be implemented in the first three epochs.

Epoch 0

  • Launch of GEM STOCKS

  • Users can apply for an airdrop

  • The protocol receives an initial allocation of veGEM

  • veGEM holders can vote for the first time

  • No bribes

  • It is not recommended to purchase or LP GEMC during this epoch

Epoch 1

  • GEMC emissions will begin based on the results of the voting at Epoch 0

  • Bribery protocol is initiated

  • GEMC/USDT pool begins

  • veGEM holders may vote a second time

Epoch 2

  • veGEM voters can claim the bribe distribution incurred in Epoch 0.

  • Rebasing of veGEM begins

  • veGEM holders can vote a third time

Epoch 3

  • veGEM voters can claim the bribe distribution incurred in Epoch 1.

  • veGEM voters can claim the fee distribution incurred in Epoch 1.

  • veGEM is rebased

  • veGEM holders can vote for the fourth

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