# Tokenomics

## stAVAX

`stAVAX` is a liquid staking token issued to users who deposit `AVAX` into GoGoPool's staking pool. `stAVAX` represents staked `AVAX` in GoGoPool, and it gains value against `AVAX` thanks to the native Avalanche validation yield and other yield-generating activities.

#### Benefits

* **Earn Staking Rewards**: Holding `stAVAX` means your investment grows over time, mirroring native staking yield and other yield activities.
* **Stay Liquid**: No need to lock `AVAX` to earn yields. You can trade, sell, or use `stAVAX` just like `AVAX`, making it a flexible option for participating in the broader DeFi ecosystem.

## pstAVAX 

`pstAVAX` is an upcoming non-yield-bearing staking token issued to users who deposit `AVAX` into GoGoPool's staking pool. Compared to `stAVAX` it doesn't accrue any yield and is pegged to `AVAX`  1:1. The yield that is generated by the `AVAX` deposited into `pstAVAX` is instead streamed to `stAVAX` depositors. 

## GGP

`GGP` is an ERC20 token that serves as GoGoPool's protocol token. `GGP` facilitates users in becoming validators through minipools, combining user-contributed `AVAX` with liquid staking funds. To secure these funds, minipool operators back their commitment with a minimum of 100 `AVAX` worth of `GGP` tokens as collateral.

#### **Key Functions of GGP**

* **Staking and Rewards**: Minipool operators stake `GGP` as a form of insurance, ensuring their commitment to maintaining network uptime and security. The initial minimum stake is set at 10% of the `AVAX` staked amount, with the option to increase up to 150%. A higher stake in `GGP` enhances the minipool operator's potential rewards.
* **Compensation Mechanism**: Should a node operator fail to meet performance standards, resulting in a loss of rewards, the staked `GGP` serves as a compensation pool to affected stakers.
* **Governance Participation**: `GGP` token holders will have the ability to participate in the GoGoPool Protocol DAO, which allows members to propose and vote on a range of governance issues.

### SUPPLY BREAKDOWN & VESTING

**Total Supply:** 22,500,000 GGP

* **GoGoPool Foundation**: 41.42% | The below allocations are subject to change according to DAO voting. Snapshot voting will be used to gauge sentiment, with recommendations executed by the Foundation.
  * DAO Fund: 16.42% | allocated as per the DAO — eg. growth capital, additional grants, liquidity incentives, airdrop schemes, strategic alliances, advisors, etc.
  * Ecosystem Development Grants: 15% | To fund engineering, business development, and marketing.
  * Liquidity Incentives: 10% | To be deployed as the DAO sees fit.
* **Original Team**: 20%
* **Seed Round**: 15.58%
* **GGP Staking Rewards**: 15%\*\*\*
* **Advisors**: 3%
* **Pre-IDO Partner Sale**: 3%
* **Liquidity**: 1%
* **IDO**: 1%

\*\*\*GGP Staking Rewards are split between 3 parties and unlocked when issued:

* 70% to minipool operators
* 10% to Oracle DAO
* 20% to Protocol DAO Treasury

#### **Vesting Following TGE:**

* GoGoPool Foundation: Locked for 3 months, to be deployed under DAO snapshot voting over the following 48 months.
* Original Team: 12-month lock up, 36-month with quarterly vesting.
* Seed Round: 12-month lock, 36-month with quarterly vesting.
* GGP Staking Rewards: 48 months, monthly vesting.
* Advisors: 12-month lock, 36-month with quarterly vesting.
* Pre-IDO Partner Sale:
  * Tickets under 100k USD: minimum 12-month lock with 12-month quarterly vesting.
  * Tickets over 100k USD: 12-month lock, 36-month quarterly vesting.
* Liquidity: Fully unlocked at TGE.
* Avalaunch IDO: Fully unlocked at TGE.

#### Initial Supply: 187,970 GGP

* Liquidity pool—500K ($250K AVAX + \~188K GGP)
* IDO sale: 300k USD—225,000 GGP tokens
* Initial Market Cap (excluding liquidity): \~250K USD

Note: The only day 1 circulating tokens, excluding liquidity, will belong to Avalaunch IDO participants.


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://docs.hypha.sh/protocol/tokenomics.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.