X

GNS meaning in Cryptocurrency ?

( 5 )  .  1 Rating
60 views   .  0 comments  .   . 

Download Solution PDF

Answer:

Gains Network brings its liquidity-efficient decentralized leveraged trading architecture to Polygon.

Trade cryptos with up to 150x leverage, and major forex pairs with up to 1000x (on-chain execution).

Stocks, commodities, and indices are coming soon.

Major innovations:

Simulation of the trading PnL by minting/burning the GNS token (asset-agnostic synthetic).No funding fee (no capital borrowed for the leverage).Support for any asset with any leverage.100% of the liquidity concentrated into a single GNS/DAI pool (no order books for each pair).DAI-only liquidity layer on top of the GNS/DAI liquidity for maximum capital-efficiency.Collaterals only going through the liquidity (significantly less slippage).First-of-its-kind on-demand Chainlink DON (decentralized oracle network).Median spot prices only, no derived/generated price.

Tokenomics:

Utility token minted/burnt by the trading platform (necessary for the architecture).Long-term deflationary pressure on the GNS supply from trading losses.Significant share of the leveraged trading fees going to GNS/DAI liquidity providers. reference
Full Form Category
Geological Nuclear Sciences Academic & Science
Grain based Neutral Sprit Academic & Science
General study Academic & Science
Gunungsitoli Airport Code
Great Northern Stone Business
Genus Business
Great Neck Synagogue Community
Galactic News Service Community
Glenlyon Norfolk School Community
Global Network Security Computing
Gps Navigation Subsystem Computing
Global Network Services Computing
Global Name Scoring Computing
Google Number Search Computing
Graphical Network Simulator Computing
Gains Network Cryptocurrency
Gosudarstvennaya Nalogovaya Sluzhba General
Gaso Napolnennyj Separator General
Global Navigation System General
Gelfand Naimark And Segal General
Gamist Narrativist Simulationist General
Gary Neighborhood Services General
GFP Nyv1 Snc1 General
Guardian Network Solutions General
Global Network Systems General
Gelfand Neumark Segal General
Gross National Savings General
Gelfand Naimark Segal General
GEOnet Names Server General
Gremler and Saunders General
GNU Name System General
GPS Navigation Systems General
Good Night Show General
Grand National Series General
Global Notification Service General
Great Nut Supply General
Grind Never Stops General
Genius Net Scroll General
Global and National Security General
Grid Naming Service General
Glue42 Notification System General
GNS Not Shadowdale General
Good Night Sleep General
Global Network Segment General
Grin Net Services General
Gaining New Self General
Get No Scoped General
Grade Not Submitted General
George Nathaniel Steere General
Go No Show General
Great Northern Services General
Geometric And Numerical Spacing General
Government Network Solutions Governmental
GHONSOR Indian Railway Station
German Nordic and Slavic International
Going Nowhere Slowly Internet
Georgia Neurological Surgery Medical
Global Network Solutions Networking
Get Nearest Server Networking
Game Name Server Sports

Take Quiz To Earn Credits!

Turn Your Knowledge into Earnings.




Give Rating
Report
Write Your Comments or Explanations to Help Others
Comments(0)





Miscellaneous in Cryptocurrency
Miscellaneous in Cryptocurrency

Ever curious about what that abbreviation stands for? fullforms has got them all listed out for you to explore. Simply,Choose a subject/topic and get started on a self-paced learning journey in a world of fullforms.

Explore Other Libraries

X

Important Cryptocurrency Links





Copyright (c) 2021 TuteeHUB

OPEN APP
Channel Join Group Join