$GAO Overview
$GAO is the native utility and governance token of the goTAO platform. It powers the staking and restaking mechanisms and plays a crucial role in the governance of the protocol.
Token Name: goTAO
Symbol: $GAO
CA: 0x5A19716Ba5A70c807f5B357dC43A5Cc26091eEC9
Utility and Governance Features:
Staking Rewards (60,000,000 $GAO): Users earn $GAO tokens for staking $GAO.
Restaking Rewards (20,000,000 $GAO): Users earn additional $GAO tokens through the restaking of stETH.
Governance: $GAO holders can vote on platform upgrades, future development proposals, and other governance issues.
Transaction Fees: $GAO is used for paying transaction fees on the platform.
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