GAME is the governance token for GAME SWAP. The initial supply of 10,000 GAME will be distributed as follows:
- 10% will go to the founders, investors and future team members, subject to vesting periods.
- 5% will be used to reward keepers who update the Uniswap oracle and trigger periodic updates on the pool controller.
- 75% will be distributed through liquidity mining to users who stake index tokens or their Uniswap Ether pair LP tokens.
- 5% will be distributed to DeFi users after January 22, 2021 in a manner determined by governance.
- 5% will be made available to the NDX treasury over the course of 9 months, beginning March 1, 2021.
Early Governance
In order to ensure the security of the project while distribution is underway, the team will retain the ability to create and vote on governance proposals while our tokens are vesting. This will ensure that we are able to respond if security incidents occur prior to the completion of the initial distribution, but all successful proposals will still be subject to the two day time lock. Additionally, the voting period on the governor contract is temporarily set to a value which corresponds to about 12 hours in blocks; after February 7, 2021, anyone can call a function on the governor to set the voting period to its permanent value, which is closer to 3 days.
Keepers
The 5% allocation for keepers is currently held by the timelock contract and will be transferred once we complete development and testing of the keeper bot and contract. Until then we will trigger the updates ourselves, and anyone else can do so on Etherscan.
