IDO
Initial DEX Offering (IDO) for GTH
Last updated
Initial DEX Offering (IDO) for GTH
Last updated
The Initial DEX Offering (IDO) of GTH represents the formal commencement of "Gather: Meet & Earn" on the Stellar blockchain, scheduled for Q1 2025. Structured in two distinct phases, this process is designed to facilitate a controlled token distribution, culminating in a total supply of 3,000,000,000 GTH by the application’s mainnet launch in Q2 2025. Participants in the IDO are required to adhere to the regulations governing both phases and the stipulations outlined in the project’s White Paper, ensuring a transparent and equitable rollout.
Timing: Q1 2025 | Emission: 90,000,000,000 GTH | Objective:
The initial issuance of 90 billion GTH supports a comprehensive airdrop initiative targeting existing Stellar ecosystem participants, including holders of assets such as XLM, AQUA, and USDC (based on wallet snapshots taken on 02.04.2023, 10.10.2024, and 03.01.2025). This phase aims to establish a broad base of token holders and incentivize early adoption.
Throughout Phase 1, the issuer account remains operational to maintain oversight during this critical distribution period. This measure is necessitated by the need to safeguard the process against malicious entities, including hackers, market manipulators, and unscrupulous bot operators or liquidity pool creators who may exploit the airdrop.
While bot operators and pool creators can play a constructive role in later stages, their unregulated activity during the IDO poses a risk of market destabilization, potentially undermining the interests of legitimate holders.
Temporary account restrictions prevent automated systems from accumulating excessive GTH.
Pool Regulation: Oversight ensures that unauthorized liquidity pools do not mislead or exploit participants.
Market Integrity: The issuer account enables the project team to counteract attempts at artificial price manipulation.
These controls are temporary and intended solely to protect the integrity of the IDO’s initial phase.
Following the completion of Phase 1, a significant token burn will reduce the circulating supply by 81,000,000,000 GTH, lowering the total from 90 billion to 9 billion. This reduction will be executed transparently on the Stellar network, with full visibility provided to the community via transaction records. The burn is a deliberate step to enhance token scarcity and establish a stable foundation for subsequent phases.
Timing: Initiated upon closure of the issuer account ("Day X") | Emission: 9,000,000,000 GTH (post-burn) | Objective:
Phase 2 focuses on finalizing token distribution through the Stellar DEX, supporting staking programs and liquidity provisioning. By the conclusion of this phase, an additional burn will reduce the supply to the target of 3,000,000,000 GTH, aligning with the tokenomics framework outlined throughout this White Paper.
The transition to Phase 2 is marked by "Day X," a publicly scheduled event during which the issuer account will be permanently deactivated in a live-streamed ceremony. This closure eliminates the possibility of further GTH issuance, cementing the project’s commitment to decentralization and transferring full control to the community. Any remaining undistributed tokens from Phase 2 will be burned during this event, ensuring the final supply remains fixed at 3 billion.
Phase 1 (90 Billion GTH): Facilitates a widespread airdrop to engage the Stellar community while implementing safeguards against exploitation. Burn (81 Billion GTH): Reduces excess supply to enhance value stability and prepare for controlled distribution.
Phase 2 (9 Billion to 3 Billion GTH): Completes the IDO with a refined supply, readying the ecosystem for the Q2 2025 mainnet launch. This phased approach ensures a secure and equitable token distribution while mitigating risks associated with early-stage market vulnerabilities.
Safeguards Against Threats: The presence of hackers, manipulators, and rogue bot operators or pool creators during the IDO could jeopardize market stability and participant investments. These measures protect the community from such risks.
Stable Launch: Controlled distribution and strategic burns establish a robust foundation, preventing volatility common in unrestricted token offerings. Community Ownership: Upon completion of Phase 2 and the issuer account closure, participants gain full autonomy over the ecosystem, with the 3 billion GTH supply as the starting point for all future activities. Strategic Context
The IDO serves as the cornerstone of "Gather: Meet & Earn," transitioning from an initial 90 billion GTH issuance to a final 3 billion GTH supply through deliberate burns and distributions. This process seeds the ecosystem with tokens for staking (offering 5-10% APR without NFT), establishes liquidity on the Stellar DEX, and prepares the project for its Q2 2025 application launch. All tokenomics detailed in this White Paper are predicated on the final supply of 3,000,000,000 GTH, which takes effect at the conclusion of the IDO. To achieve this, the project team maintains oversight during the IDO to neutralize threats from entities that violate the White Paper’s principles and roadmap, ensuring that legitimate holders are not disadvantaged by market manipulation.
