gammaswap

ChainCatcher news, Arbitrum ecosystem DeFi structured product GammaSwap has launched the GS airdrop plan on X, increasing the total allocation from the initial 32 million tokens (2% of total supply) to 48 million tokens (3% of total supply). The claim period will open on Monday, September 9, with no vesting, and will be distributed in batches over an 8-week period from September 9 to November 4. Users can claim the GS airdrop weekly or claim the entire airdrop at the end of the 8 weeks.Currently, nearly 1,200 wallets have interacted with the GammaSwap Beta mainnet and qualified for the airdrop. The airdrop will be distributed using a curve uniform allocation, with a minimum allocation of 3,000 tokens, and the average allocation across all wallets is approximately 42,000 tokens.Additionally, this plan will allocate 0.2% of the token supply as an airdrop to pufETH holders, while 0.8% will be allocated for liquidity mining.

ChainCatcher message, the Ethereum liquidity re-staking protocol Puffer Finance states that the yield enhancement protocol GammaSwap will airdrop 1% of tokens to Puffer. Puffer will directly allocate 20% of this to pufETH holders, while 80% is reserved for the upcoming pufETH liquidity mining.

ChainCatcher news, the perpetual on-chain options protocol GammaSwap announced on August 17 that it will soon launch its governance token $GS. In terms of token distribution, the total supply is 1.6 billion tokens, with 37% allocated to the treasury, 23% to the core team, 17% to investors, 15% for liquidity mining and staking, 5% for LBP, 2% for airdrops, and 1% for advisors.GammaSwap's tokenomics design includes GS tokens, locked GS (esGS), and multiplier points (MP). GS tokens can be staked to earn 30% of protocol revenue (in the form of ETH), esGS rewards, and MP points. esGS can be obtained through staking and liquidity mining, and can be further staked or unlocked within 30 days. MP points are earned through staking, enhancing the APR of ETH rewards.GammaSwap plans to launch LBP on August 30, with airdrops to follow. The protocol has been operational for nearly a year, with a cumulative perpetual options trading volume exceeding $100 million and a peak TVL of over $6 million.

ChainCatcher news, DeFi structured product GammaSwap has completed a $1.7 million seed round financing, with investors including Skycatcher Crypto, Dialectic, Space Whale Capital, Modular Capital, Portico Ventures, Ouroboros Capital, Owl Ventures, RenGen, Manifold Trading, and individual investors including core members of GMX and the second largest wallet holder on DeBank. GammaSwap aims to provide users with leveraged exposure to tokens through integration with DEX.