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GYND & bGYND

Gyndore runs on bonded economics: two tokens, GYND and bGYND, that keep incentives aligned and pay the platform's revenue back to the people who use it. GYND is the fee token, a direct claim on what the ecosystem earns; bGYND is how rewards get paid, backed 1:1 by GYND.

GYND and bGYND shown as two halves of one token across a beige and orange vertical split

Dual-token design

GYND is Gyndore's utility and fee token: a direct claim on protocol revenue, paid in USDC to GYND and bGYND stakers. bGYND is the bonded incentive twin. Rewards are paid in bGYND rather than liquid GYND, and every unit is backed 1:1 by GYND already held in the bonding contract. Supply is fixed at 10,000,000. Fees & Revenue follows the fee flow; Bonded Model covers conversion.

Yin and Yang: protocol growth and user incentives through GYND and bGYND create long-term token value

Official contracts on Base are below. Copy them, or open them on Basescan, before you import or interact with either token.

GYND
0x6cD1C7D41F589b5Ce6b88B1c90bc2F29B0439Ea1
bGYND
0xE08914A1606EF8046D0A64952E693dbD8a70d55d

Supply & allocation

GYND has a fixed total supply of 10,000,000, split across six allocations. Each supports a part of Gyndore: liquidity, community participation, protocol development, or the contributors building it.

GYND allocation across a 10,000,000 supply: 50% community, 20% GLB, 12% team, 10% treasury, 5% advisors, and 3% DropWave.

Community

Share
50%
GYND allocation
5,000,000

Rewards liquidity providers and supports community initiatives through bGYND incentives under the bonded tokenomics model.

GLB

Share
20%
GYND allocation
2,000,000

Distributes GYND through the GLB to establish the GYND/cbBTC market and fund protocol-owned liquidity.

Team

Share
12%
GYND allocation
1,200,000

Rewards the core team for building and maintaining Gyndore.

Treasury

Share
10%
GYND allocation
1,000,000

Provides liquidity and stakes GYND, with staking revenue supporting ongoing development.

Advisors

Share
5%
GYND allocation
500,000

Rewards advisors who support Gyndore's development and growth.

DropWave

Share
3%
GYND allocation
300,000

Rewards eligible DropWave participants with bGYND for early community and ecosystem participation.

Vesting schedule

GYND vesting schedule: GLB releases 50% at close, then the remaining 50% after a 14-day cliff over 46 days. Team tokens have a six-month cliff and 12 months of vesting; advisors have a three-month cliff and three months of vesting. Community and DropWave rewards are distributed as bGYND; treasury tokens are liquid at launch.

Gyndore's vesting schedule is designed to keep token distribution simple, fair, and transparent. The allocation and release terms are set out above, so participants can see how tokens enter circulation. Team and advisor tokens vest over time to align their incentives with the protocol's long-term development.

Fair launch

GYND reaches the market through Gyndore Liquidity Bootstrapping, not through minted emissions or an unlocked team allocation. The GLB allocation is 2,000,000 GYND, 20% of supply: it distributes ownership and sets the first GYND/cbBTC market. Participants receive 50% when the GLB closes and the remaining 50% after a 14-day cliff, then 46 days of linear vesting. The full GLB breakdown is on Gyndore's X announcement.

Gyndore Liquidity Bootstrapping capital allocation: half establishes GYND and cbBTC liquidity, while half builds protocol-owned liquidity

Capital from the event is split in half. 50% seeds that GYND/cbBTC pool; 50% acquires blue-chip assets as protocol-owned liquidity. The launch is meant to leave GYND with a market and the protocol with owned depth, rather than extracting liquidity on day one.