│ Tokenomics
Distribution & Incentives
Token Overview
Primary Token: $GLQ
Pre-Token: $pGLQ
Our platform features $GLQ as the main token, with $pGLQ serving as a pre-token. Users will be able to farm $GLQ through $pGLQ & Points.
All information regarding $GLQ is subject to change until the TGE. At the time of writing, only $pGLQ is minted
$GLQ features
The total supply of $GLQ is capped at 1.000.000 tokens.
GLQ's role will be to distribute the platform's revenue to token stakers, in line with Hyperliquid's vision.
60% of the supply will be allocated to users shared between pGLQ and Points 2.0:
Points 2.0
A 32% of the total supply (320,000 $GLQ) is allocated as incentives for Points 2.0 Program to bootstrap activity on the platform.
pGLQ Liquidity Incentives
28% of the total supply (280,000 $GLQ) was allocated as incentives for Liquidity Providers to bootstrap liquidity on the platform in form of $pGLQ through Season 0.
Distribution Mechanism (pGLQ)
$pGLQ is a non-transferable token that can only be claimed as a reward from our platform’s farming pools.
The greater the liquidity and the narrower the CL position, more rewards will accumulate.
Users can track their positions and rewards on the platform’s leaderboard.