Gelato coin official website, issuance and trading platform introduction

The official Gelato Network website offers detailed information on the project's technology, tokenomics, and community engagement, serving as a hub for interested individuals and developers.

Dec 28, 2024 at 06:45 am

Gelato Coin Official Website, Issuance and Trading Platform Introduction

• Gelato Network Official Website
• Token Issuance Details
• Trading Platform Options

Gelato Network Official Website

The official website of Gelato Network is the primary destination for information on the project, its technology, and tokenomics. Key features of the website include:

• Comprehensive Overview: A detailed overview of Gelato's decentralized automation platform, its benefits, and use cases.
• Technical Documentation: Extensive documentation and tutorials for developers, including guides on creating bots and integrating with Gelato.
• Community Engagement: Active forums and social media platforms where users can connect, share knowledge, and provide feedback.
• Token Information: Detailed documentation on the GEL token, including its issuance, distribution, and use within the Gelato ecosystem.

Token Issuance Details

The GEL token is the native currency of the Gelato Network. It was issued through a two-phase process:

• Private Sale: A private sale was conducted in October 2021, raising $11 million from institutional investors.
• Public Sale: A public sale followed in November 2021, distributing approximately 30% of the total supply.

The total supply of GEL is 100 million tokens, with the following distribution:

• 40% allocated to the Gelato team and early contributors
• 30% allocated to the public sale
• 10% allocated to future ecosystem development
• 20% allocated as reserve

Trading Platform Options

The GEL token is traded on several decentralized exchanges (DEXs) and centralized exchanges (CEXs). Some of the popular trading platforms include:

• DEXs: Uniswap, Sushiswap, 1inch, KyberSwap, and Balancer.
• CEXs: Binance, KuCoin, Gate.io, MEXC, and BitMart.

The availability of the GEL token on multiple exchanges provides investors with liquidity and flexibility in buying, selling, and trading.

FAQs

Q: What is Gelato Network?
A: Gelato Network is a decentralized automation platform that allows developers to create bots (called Actions) to automate tasks on Ethereum.

Q: What is the purpose of the GEL token?
A: The GEL token is the native currency of the Gelato Network. It is used for paying transaction fees, staking to participate in governance, and incentivizing bots and node operators.

Q: How can I create a Gelato bot?
A: You can create a Gelato bot through the Gelato Network website or by using the Gelato CLI (command-line interface). Comprehensive documentation is available on the project website.

Q: Where can I buy GEL tokens?
A: GEL tokens can be purchased on various decentralized (Uniswap, Sushiswap) and centralized (Binance, Coinbase) exchanges.