Gnosis Chain is an Ethereum sidechain that operates with the GNO token. The GNO token is the staking token of Gnosis and the governance token for the GnosisDAO.

What is the main value proposition?

Gnosis Chain offers fast transaction times (5 seconds) and low transaction fees (500 tx for $.01). It is secured by a geographically diverse set of validators, making it a community-owned, anti-fragile network. Gnosis Chain is EVM-based and secured by at-home stakers around the world, offering compatibility with other Ethereum-based chains like Ethereum, Ethereum Classic, BSC, and others.

What problem does the token solve?

The GNO token allows anyone to participate in decision making about the development of Gnosis. It is used to take a stand on issues, weigh in on proposals, and shape the future of Gnosis.

The GNO token is used for staking and governance in the Gnosis ecosystem. It allows holders to participate in decision making about the development of Gnosis.

Transaction fees on Gnosis are extremely low and are currently sent to the validator who seals the block in which the transactions take place. As chain usage grows, these fees may be redirected to support additional aspects of the protocol.

Gnosis Chain is a community-owned, anti-fragile network secured by a geographically diverse set of validators. It is governed by a DAO, allowing anyone to participate in decision making about the development of Gnosis.

Gnosis Token

GNO

$300.6618

Security Score

Dex Score

3.1

star rating

Gnosis Token Price Chart

Gnosis Token Overview

Open Source
The code is available for anyone to see.
Yes
Proxy Contract
A contract that acts on behalf of another, adding features without changing the original.
No
Mintable
New tokens can be created after the initial creation.
No
Owner Address
The digital wallet address of the current token owner.
Retrieve Ownership
Ability to take back control of the token.
No
Balance Mod
Changes to the number of tokens in someone's wallet.
No
Hidden Owner
The owner's identity is not publicly disclosed.
No
Self Destruct
Token can be programmed to disappear.
No
External Call Risk
Risk from the token interacting with outside contracts.
No

Last Checked 9 May 2024

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The current price is $300.66177619626563 (-1.72% 24h change) with a total Marketcap of $778.2M
Gnosis Token was minted on 18/04/2017
Gnosis Token is an ERC-20 token on the Ethereum blockchain.