Introduction

The idea behind $GEAR is to build a comprehensive ecosystem around it so that people use $GEAR for their investments rather than just as a means for profit distribution. That's what sets us apart from the rest of the projects on the Solana blockchain.

$GEAR is an SPL token operating on the Solana blockchain. The purpose of $GEAR is to provide a tokenized stable income to holders of Generous and Space Robots. $GEAR commenced with a circulating supply of zero and is only produced through the staking or ether version of Robot with the Generous Robot ecosystem.

$GEAR maintains a liquidity pool on Raydium and is fully tradable.

$GEAR has been designed to be a deflationary token with numerous ongoing burn and support functions to keep the price not only stable but will increase over time.

$GEAR will be used to

• Upgrade your GR/SR NFTs (both art and earnings rate upgrades)
• Mint projects on the GR Launchpad
• Get tier-based allocations in our VC Investment offerings for our holders.
• Buy merchandise.

Our goal is to integrate $GEAR to the extent that any interaction with the DAO requires people to transact in ****$GEAR and extend its ubiquity beyond NFTs to create a worldwide community.

Features

Liquid, tradeable, staking rewards

$GEAR tokens are designed by Generous Robots DAO ecosystem to be a liquid and tradeable asset earned through our staking platform. By offering $GEAR tokens, stakers can easily trade these with others, for merch and on exchanges. This token will be added to other platforms in the future.

Economic Sustainability

$GEAR tokens are distributed in a sustainable way via a fixed supply schedule with a programmed emission decay to ensure the value of $GEAR will rise rather than lose value. This rewards early holders who stake early, but we ensure $GEAR longevity and value for years to come.

Utilities to support $GEAR

The following utilities provide sufficient funding for $GEAR to be stable and sustainable. The main idea is to be as diversified as possible.

Initially, Generous Robots’ primary activity to make a profit for its holders was through the use of IDOs (Initial Decentralized Exchange Offerings), however, this has since been expanded to include multiple income vectors all to support and burn gear.

Current activities being undertaken to support the GEAR price:

• IDOs (In progress)

  IDOs are purchasing tokens at the entry rate they will become available when listing on a DEX/CEX which then allows Generous Robots to sell the tokens when profitable