Tokenomics
$GENS is a Cardano native token of the Genius Yield project.

Use Cases & Economics

AMM & DEX
The Genius Yield project is an Automated Market Maker (AMM) or Decentralized Exchange (DEX).
Genius Yield is a non-custodial AMM and Smart Liquidity Management solution implemented in Plutus on the Cardano blockchain. Compared to other AMM protocols, Genius Yield provides increased capital efficiency and fine-tuned control for liquidity providers, and a more flexible fee structure by applying the same principle as Uniswap 3.
Liquidity pool is among the most exciting innovations in Defi. Users deploy their assets into the liquidity pool to create a big digital pie, a collection of liquidity locked in a smart contract. Liquidity providers (LP) in the Genius Yield project can earn trading fees (incentives) of all trades proportional to their share of the total liquidity in this pool.
$GENS is the native utility token of the Genius Yield project.
a) Users will be able to create a liquidity pool by providing two kinds of assets. For example, a user could create an TOKENS1-TOKENS2 liquidity pool by providing TOKENS1 and TOKENS2 tokens into the pool.
b) Once the liquidity pool exists, users will need to add a token to the liquidity pool and receive NTF corresponding to the liquidity they add into the pool. They will be able to sell this NFT to other users.
c) Users will be able to swap from one token to another on the Genius Yield's DEX; for example, they can exchange TOKENS1 to TOKENS2 issued on the Cardano blockchain.
    The user will pay the swap transaction fee or commission with ADA or TOKENS1 and TOKENS2 .‌ Approximately 0.1%, 0.3 or 1 % of the value is deducted from all trading volumes (depending on the liquidity pool).
d) Users will be able to redeem their NFT and get their tokens ( TOKENS1 and TOKENS2) back plus fees and reward collected.
e) $GENS holders will be able to vote on proposals from the community and even decide how the ecosystem fund shall be used.
    DAO Governance: Only community members holding $GENS tokens have the right to participate in the governance of the entire protocol, including voting on the addition of sub-contracts or system upgrade proposals.
    In addition, $GENS holders can also change the entire application by independently initiating community proposals.
Part a) b) c) d) e) will be implemented by using smart contracts decentralized. Genius Yield will deploy the smart contract on the Cardano blockchain and Genius Yield will transfer administrator rights and ownership to 0x0000000000000 (blackhole: no one own this private key) after 3 months.
Genius Yield Optimizer
Genius Yield Optimizer will be a web application using complex algorithms in the backend, exposing some API and an intuitive interface that is easy to use.
The platform automatically proposes different liquidity pools and lets users generate the maximum possible yield with the lowest risk.
Genius provides a customized solution for all users based on specific characteristics. Any user who deposits on Genius Yield can select his preferred configurations, such as expected returns in a particular timeframe. The underlying algorithm provides the most efficient way to reach the desired goal without any manual processes.
Genius Yield checks and preselects all safe pools (to avoid rug pull).
The platform also adjusts the yield optimization based on transaction cost, type of token, and more.
Deposit your asset into Genius Yield Liquidity Pool in ADA or in other Cardano native tokens.
    Select your liquidity pools, expected return, max fees, risk profile, exit strategy, TVL
    Number of liquidity pool you want to invest (1 to 10)
    Algorithms automate your liquidity staking and invest in the most profitable yield.
    Generate the best possible profits.
f) Users could also provide liquidity on Genius Yield in the process of staking or farming; rewards of $GENS tokens will be distributed according to a specific ratio.‌
g) The $GENS holders will have access to the yield optimizer services.
H) Commission: ADA will be used as a commission medium to pay for the fees incurred during swap transactions on Genius Yield.
Part f) & h) will be implemented by using third-party smart contracts and could be or not decentralized. The smart contract will be deployed by Genius Yield or by one of its partner on the Cardano blockchain.
Genius Yield is an aggregator of yield, farming, staking solutions, and smart contracts. Genius Yield is a platform that helps users find the best yields. Genius Yield won’t keep users crypto or money and manage the investment for them.
Different applications or third parties will manage all investment algorithms and strategies, custody, and smart contracts.

Token allocation

Total supply: 100 000 000 (one hundred million).
Seed Round 10%: of the total supply; 10% vesting on listing, linear vesting over 24 months for the rest starting from the 3rd month after TGE.
Private Round 10%: of the total supply; 10% vesting on listing, linear vesting over 24 months for the rest starting from the 3rd month after TGE.
IDO 1%: of the total supply reserved for the fundraising, directly tradable by investors.
Team 20% : of the total supply; lock-up for 6 months after TGE, then vesting for 36 months.
Marketing Treasury 7,5%: of the total supply; lock-up for 1 months after TGE, reserved for marketing and partnership, vesting for a 2-year period.
Token Liquidity 7,5%: of the total supply; lock-up for 1 month after TGE, reserved for Genius Yield Liquidity Pool and other exchanges, vesting for 2 years.
Ecosystem development fund 15 %: of the total supply; reserved for development vesting for 2-year.
Liquidity mining 10%: of the total supply; reserved for the fund for liquidity mining on Genius Yield vesting for 3-year.
Reward program 19%: of the total supply; reserved for the network incentives (bounty).
Price
Allocation
Release Policy
Seed Round
0.14$
10 %
10% vesting on listing, linear vesting over 24 months for the rest starting from the 3rd month after TGE.
Private Round
0.28$
10 %
10% vesting on listing, linear vesting over 24 months for the rest starting from the 3rd month after TGE.
Public Sale
0.56$
1%
No Lock-up
Last modified 26d ago