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GTON CapitalGTON Capitalby0x9Bde0836d9F7386446a455684571e7694F9d909C0x9Bde…909C

Original GTON Exchange & OGXT Launch Plan proposal

Voting ended about 3 years agoSucceeded

This vote includes parts of the proposal discussed on the forum post: https://forum.gton.capital/t/original-gton-exchange-ogxt/430

The technical details that pertain to the L1 and other aspects remain the subject of GTON’s R&D team decision. The devs are working on a solution that will be most beneficial for the success of the beta GTONChain, with an optimal functionality for dApp ecosystem.

With all due respect to the ideas that TelegramUser and other forum users suggested in this forum post (https://forum.gton.capital/t/a-counter-proposal-for-the-up-coming-vote/434), not all the proposed major changes can be incorporated at this point into the current plan described on the forum. However, there are several ideas worth addressing, which is:

“...how many successful projects do you know where a stable coin is the MAIN currency for a network and ecosystem? Especially in comparison to projects, where this is not the case… In the top 200 crypto currencies, there is only one blockchain, where this is the case - namely Gnosis. And that blockchain still has a volatile asset, that is used for staking and network validation.”

This idea is relevant because it rightly states that the ecosystem must have several different system tokens at its disposal with different designated utilities. In the GTON ecosystem, these are:

  • GCD - stablecoin and network payment currency
  • OGX - relay token for the GTON decentralized exchange (supports DeFi utility)
  • {alter-GTON} - an infrastructure token for ensuring a gradual decentralization of infrastructure and governance (i.e. network PoS token, blockspace token, nodes consensus etc).

As of now, we think that the team has provided a clear plan and execution strategy for both GCD and OGX. However, a more detailed design for an infrastructure token is yet to be developed. We strongly believe it has to be a result of further iterations on the basis of already working products and infrastructure. The team is committed to develop such a plan and begin its implementation after the mainnet beta is launched and the GTON dApps ecosystem is up and running.

In case this proposal gets rejected by the community, the team will hold another AMA session and gather more community feedback to relaunch the voting again.

Off-Chain Vote

Yes, let’s launch GTON beta!
255.39K GTON71.4%
No, let’s discuss again
102.32K GTON28.6%
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Discussion

GTON CapitalOriginal GTON Exchange & OGXT Launch Plan proposal

Timeline

Dec 06, 2022Proposal created
Dec 06, 2022Proposal vote started
Dec 08, 2022Proposal vote ended
Oct 26, 2023Proposal updated