GAMMA Staking
An overview of the GAMMA token and staking features

The GAMMA Token

The GAMMA token offers an alternative financial instrument instead of directly providing liquidity while still allowing the user to be exposed to and profit off of liquidity pools.
Instead of providing liquidity directly into a Gamma CLM and accruing fees from the selected pools, GAMMA stakers earn 10% of the fees that are accrued in all of the pools Gamma manages. This is an excellent way to diversify your holdings and reduce risk, particularly if you are a novice at using liquidity pools.
Gamma staking fees are distributed as GAMMA tokens that are purchased from the open market.

xGAMMA and GAMMA

xGAMMA is the new staking token and mechanism for GAMMA. Rather than distribute the GAMMA buybacks daily, these buybacks are accumulated in a pool, of which stakers own a percentage share according to their staked GAMMA. As fees are accrued upon rebalances, the 10% share that goes to GAMMA stakers is deposited in the pool, giving each staking wallet a pro-rata allocation of these tokens.
As such, xGAMMA will always be worth more than GAMMA because of this additional value accrual from the 10% of swap fees. A user's xGAMMA quantity will not increase, the value of xGAMMA relative to GAMMA will.
A user cannot currently purchase xGAMMA on the open market.

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