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gns package

Overview

Package gns implements the GNS governance and utility token for GnoSwap.

GNS is a GRC20-compliant token with a deflationary emission schedule. The emission follows a 12-year schedule with halving every 2 years:

  • Years 1-2: 225,000,000 GNS per year (100%)
  • Years 3-4: 112,500,000 GNS per year (50%)
  • Years 5-6: 56,250,000 GNS per year (25%)
  • Years 7-8: 28,125,000 GNS per year (12.5%)
  • Years 9-12: 14,062,500 GNS per year (6.25%)

Token Economics:

  • Maximum Supply: 1,000,000,000 GNS
  • Initial Mint: 100,000,000 GNS
  • Total Emission: 900,000,000 GNS

Key Functions:

  • InitEmissionState: Initializes emission schedule (emission contract only)
  • MintGns: Mints tokens per emission schedule (emission contract only)
  • Transfer/TransferFrom/Approve: Standard GRC20 operations

The emission state tracks accumulated and remaining amounts per halving year, ensuring precise token distribution according to the schedule.

Function

NewEmissionState

func NewEmissionState(createdHeight int64, startTimestamp int64) *EmissionState

NewEmissionState creates an emission state and its 12-year halving schedule.

Parameters:

  • createdHeight: blockchain height recorded as the schedule's creation height.
  • startTimestamp: Unix timestamp at which the first halving year begins.

Returns:

  • state: newly allocated emission state with an end timestamp and initialized halving data.

Params

Command

gnokey query vm/qeval -remote "http://127.0.0.1:26657" -data "gno.land/r/gnoswap/gns.NewEmissionState(,)"

Result