🔑User Guide

There are 2 options available to users:

I. Bonding crypto assets in exchange for $GAIA

Grow Gaia’s Treasury by exchanging your crypto assets for $GAIA tokens at a discount on the current spot price.

Although bonding grants you a discount, you can only redeem your discounted $GAIA tokens periodically over a period of five days.

Example:

• Directly after depositing, you will not be able to claim any $GAIA.

• 2 days after your deposit, 40% of your $GAIA tokens will be claimable.

• 4 days after your deposit, 80% of your $GAIA tokens will be claimable.

• At the end of the 5-day period, you will have been able to claim 100% of your $GAIA tokens.

Bonded assets are pooled together and form the treasury which allows $GAIA tokens to have a backing price.

The ability to bond may be limited when the $GAIA token’s price approaches the backing price (this mechanism is explained in the “Tokenomics” section).

Advantages:

• Receive $GAIA tokens at a discount

• Scale the protocol’s ability to make impact investments and decrease the downside risk for all holders

Disadvantage:

• Having to wait for your $GAIA tokens to be fully distributed over the 5-day vesting period in order to sell. This exposes users to the risk of market price volatility.

II. Buying $GAIA on the spot market

You are free to buy and sell $GAIA tokens on exchanges.

This enables you to benefit from the price action of the token without it affecting the Treasury’s investments (except for selling at the backing price, which would force the Treasury to buy back $GAIA until it reaches the backing price again).

Advantage:

• Trading opportunities for both the short and long term.

Disadvantage:

• You purchase $GAIA at the spot price and therefore do not benefit from depositing discounts.

Step-by-Step tutorial: link