Today, the Gasp Alpha Phase kicks off with the launch of the first DEX built on EigenLayer and the launch of the GASP token through our Alpha Community Pool! Here’s what you need to know about our DEX, the $GASP token, its utility, and how to get involved. 👇
https://buy.gasp.xyz/
https://app.gasp.xyz/
$GASP is the foundation of the Gasp Network, driving its modular framework and gas-free swap experience.
It’s designed to:
⛽️ Enable gas-free swaps and prevent spam.
🐳Support liquidity providers with unique staking rewards.
Let’s dive into how it works!
Swapping assets on Gasp is completely gasless, saving users on high gas fees (they can sometimes reach $50+ on Ethereum!).
Here’s how it works:
1️⃣Swaps under $5 require locking 50 GASP for 24 hours.
2️⃣ More GASP = more swaps in a 24-hour period.
3️⃣ Tokens are unlocked automatically after 24 hours.
Gasp also introduces Proof-of-Liquidity, allowing users to stake whitelisted LP positions in pools paired with $GASP.
Benefits include:
This aligns the success of Gasp with its community.
How to Get $GASP
1️⃣ Community Pool: Buy $GASP with USDT on Ethereum starting Dec 17th.
2️⃣Distributions: MGX holders, testnet participants, and Cling NFT owners will receive allocations - more details on claim process coming soon.
Tokens will be non-transferable, but usable immediately in the Gasp DEX for trading, staking, and more.
During the Alpha Phase:
1️⃣ The GASP token will be non-transferable, ensuring that the focus stays on product growth and participation during our Alpha Launch,
2️⃣ Pools will be opened in order to offer our community members and network participants access to the GASP token at the same price as our most recent valuation
Gasp’s Alpha Launch is the first step in realizing a seamless cross-chain future.
Be part of this vision, earn rewards, and shape the evolution of crypto’s First Consolidated Asset Network.
Stay tuned for updates on socials.
Let’s build together