The Role of GDT Token and swTAO

The GDT token and swTAO are key components of the functionality and value proposition of the Gradient protocol.

  • GDT Token: The operations of Gradient revolve around liquid democratic processes open to all holders of the GDT token. GDT holders have the ability to participate in upgrading the protocol and suggesting feature implementations. GDT will also be used to compensate its validators and delegators. This way, GDT aligns incentives across the network.

  • swTAO: This tokenization of staked wTAO ensures users can stay liquid and engage with the Ethereum DeFi ecosystem without having to unstake. It’s a staking derivative. Stakers can trade swTAO, use it as collateral or as a source for yield farming or liquidity pools.

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