goTAO Documentation ττ
  • Introduction
    • Abstract
    • Overview of goTAO
    • goTAO's Mission and Vision
    • The Foundation
      • What is Bittensor (TAO)?
      • How Bittensor Integrates with goTAO
      • Bittensor’s Role in the Future of AI-based Blockchain Systems
    • goTAO Architecture
  • Tutorial
    • GoTAO Stake Tutorial
    • GoTAO Testnet Tutorial
      • Faucet
      • Transfer
      • Check history
  • KEY FEATURES
    • Stake
      • How It Works
      • Staking Rewards
    • Restake
      • How It Works
      • Restaking Rewards
  • $GAO Token
    • $GAO Overview
    • Supply and Distribution
    • Tax Structure
  • Community
    • Follow us on X
    • Join Us on Telegram
Powered by GitBook
On this page
  1. $GAO Token

$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.

PreviousRestaking RewardsNextSupply and Distribution

Last updated 6 months ago