$GYATT is more than just a meme token; it's to be a symbol deeply entrenched in the lore of Axie Infinity, specifically designed to reflect and celebrate the expansive growth and vibrant dynamism of the Ronin community. As a homage to the origins and cultural evolution within Axie Infinity, $GYATT embodies the playful spirit and pioneering ethos that have characterized the blockchain gaming arena. This token serves not only as a nod to the past achievements but also as a beacon for future explorations and innovations in the Ronin ecosystem. By adopting $GYATT, community members engage with a piece of Axie Infinity’s storied legacy while actively participating in shaping its forward trajectory
$GYATT has a total supply of 1 billion tokens, strategically managed to support both growth and stability of the ecosystem. Of this total, 43,276,398 tokens are held in the treasury. These are set aside for future development, team incentives, and potential partnerships that align with $GYATT's long-term vision. Additionally, a significant portion of tokens, specifically 62,716,634 $GYATT and 3,485 $RON, has been contributed to the liquidity pool on Ronin's Katana DEX. This ensures that there is sufficient market liquidity for users to buy and sell without causing large price fluctuations. The total value locked (TVL) in the liquidity pool is substantial, amounting to 255,434,811.93 $GYATT tokens and 13,855.85 $RON tokens currently. This liquidity provision underpins the token's market presence and helps maintain a healthy trading environment, essential for the token's long-term viability and the confidence of its holders.
Each day, $GYATT executes airdrops to over 10,000 Ronin addresses involved deeply in the Ronin ecosystem. This mechanism serves a dual purpose: promoting widespread distribution and indirectly reducing the effective supply of tokens. Historical data suggests that 30-40% of these airdropped tokens become dormant as they are received by inactive or disengaged wallet owners. Over time, these tokens are effectively removed from circulation, which can create scarcity, potentially increasing the token's value due to reduced available supply. This approach not only enhances the token’s distribution across the community but also strengthens its economic foundation by mimicking a burn effect without actually destroying the tokens.
Holders of $GYATT token not only participate in the ecosystem but are also rewarded for their engagement and loyalty.
The rewards program includes:
Spontaneous Giveaways: Holders have the opportunity to receive a variety of NFTs and digital assests through spontaneous giveaways.
Airdrops: Holders can receive periodic airdrops from new partnering projects established by the $GYATT team's network. This not only adds value but also exposes holders to a broader range of opportunities within the Ronin ecosystem.
Exclusive Membership Chat: This exclusive feature offers $GYATT holders direct access to the development team through an exclusive group chat on X (Twitter). Members can gain early insights into upcoming partnerships, strategic decisions, and market developments. This access is designed to foster a deeper connection between the team and committed $GYATT community members, allowing for real-time feedback and engagement.
Partnership Opportunities: Through exclusive membership, $GYATT holders will also have the opportunity to participate in partnerships before they become public. This can include early investment opportunities, beta testing new platforms, or collaborative events.
These rewards are structured to ensure that holders of $GYATT are not only investors but active participants in the ecosystem's growth and evolution.
The primary utility of $GYATT token extends beyond its utility for holders previously outlined.
Holistic utilities include:
Trading Asset: $GYATT serves as a medium of exchange within the Ronin ecosystem, facilitating the trade of digital goods. This includes items related to Axie Infinity and other digital assets supported by the Ronin blockchain, enhancing the vibrancy and liquidity of the marketplace.
Community Building: $GYATT also plays a pivotal role in building and nurturing the community around Ronin’s growing ecosystem. By incentivizing participation through rewards and participation, $GYATT fosters a committed and active user base.
$GYATT is currently available exclusively on Ronin Katana DEX, facilitating seamless and secure transactions within the Ronin ecosystem. As we aim to strengthen the token's market position, we are committed to enhancing liquidity through targeted incentives. Upcoming initiatives for liquidity providers include exclusive airdrops that not only reward their commitment but also deepen their engagement with $GYATT's growth. Additionally, providers will gain access to an exclusive group chat where they can interact directly with the core $GYATT team. These discussions will offer insights into strategic decisions, upcoming partnerships, and detailed project updates, allowing providers to play a more active role in shaping the token’s future.
To ensure the integrity and safety of the $GYATT token, we are implementing several critical security measures. An upcoming enhancement includes the introduction of a multisig wallet setup among key team members. This strategy requires multiple signatures for transaction approvals, significantly reducing the risk of unauthorized access and ensuring that critical decisions are made collectively.
Furthermore, the $GYATT token operates on the Ronin network, known for its strong security protocols designed by Sky Mavis. This network provides enhanced protection against common vulnerabilities and attacks, offering a reliable foundation for our token operations. As we continue to grow, we are committed to regularly updating and improving our security practices to protect our holders and their investments.
Our short-term objectives include expanding the $GYATT team to bring in diverse expertise and enhance operational capacities. We aim to continuously improve token utility and holder benefits through strategic partnerships and innovative features.
In the longer term, we plan to integrate community decisions into our operational strategy, ensuring that $GYATT not only remains relevant and beneficial to its holders but also evolves in response to their direct feedback and the shifting dynamics of the crypto space.
We are committed to transparently incorporating community feedback into the development of $GYATT.
Surveys and Polls: Periodically, we'll conduct surveys and polls to gauge your opinions on key decisions and future features.
Feedback Channels: We plan to provide dedicated channels on our communication platforms for you to express your thoughts and provide feedback on ongoing and upcoming projects.
Through these initiatives, we aim to ensure that the development of $GYATT is community-driven, reflecting the needs and aspirations of our holders.