Frequently Asked Questions (FAQ) for the GAMMA token
When GAMMA is staked, it's converted into xGAMMA, a staking token representing the user's proportional value of the staking pool. xGAMMA's value is always more than one GAMMA and will continue to appreciate over time because it represents the GAMMA pool plus accrued fees. Therefore, when you deposit GAMMA into the staking contract, you will likely get back less xGAMMA.
If you decide to withdraw your GAMMA, your xGAMMA will be converted to GAMMA, including your accrued fees.
Fees are distributed on rebalances and compounding events. Rebalances have no set time due to the risks of being frontrun. Rebalances occur when the strategy deems them necessary. Less frequent rebalances often lead to higher profits due to locking in less impermanent loss and avoiding costly gas fees.
On the appropriate block explorers, under the vault contract, switch to the "events" tab. You'll see rebalances (Rebalance) and compounding (ZeroBurn) events.
There is a vesting period, but it was primarily in 2022. Vesting has slowed considerably in 2023. Most vested tokens are unlocked. See Tokenomics.
GAMMA is currently displayed on all major charting and information databases. These include CoinGecko, CoinMarketCap, DexTools, Uniswap.info, and more.
In addition. Zerion, Zapper, and DeBank can be used to track LP and staking positions.
Gamma's Total Value Locked (TVL) performance metrics can be viewed on DeFiLlama and Token Terminal.
Tokemak awarded Gamma a Tokemak reactor as part of its CoRE2 program. Without going into to too much detail. Tokemak helps generate deep, sustainable liquidity for DeFi and future tokenized applications that will arise throughout the growth and evolution of web3. It can be thought of as a decentralized market-making platform and a liquidity router that disaggregates traditional liquidity provision and market making for DeFi. Sitting a "layer above" decentralized exchanges, Tokemak allows for control over where the liquidity flows, and also offers an easier, cheaper way for providing and sourcing liquidity.
GAMMA holders who use the Tokemak reactor stake their GAMMA in Tokemak to receive tGAMMA, which is a similar proportional staking token to xGAMMA. Instead of receiving more GAMMA, they receive TOKE.