Tradegen
  • Introduction
  • Tradegen Platform
    • Use Cases
    • Supported Assets
    • Supported Projects
    • Pools
    • NFT Pools
    • Marketplace
  • Tutorial
    • Investing in a Pool
    • Withdrawing From a Pool
    • Creating a Pool
    • Managing a Pool
    • Investing in an NFT Pool
    • Withdrawing From an NFT Pool
    • Creating an NFT Pool
  • Token Info
    • Introduction
    • Allocation
  • SDK
    • Getting Started
    • Entities
      • Price
      • TokenAmount
      • Percent
      • Fraction
      • Token
      • Pool
    • Fetcher
    • Other Exports
  • Technical
    • Implementation
    • Synthetic Trading Bots
    • Mining System
    • Trading Strategies
  • Contracts
    • Asset Management V1
    • Data Feeds
      • Protocol
      • Candlestick Data Feeds
        • 1-Minute Timeframe
        • 5-Minute Timeframe
        • 1-Hour Timeframe
        • 1-Day Timeframe
    • Tradegen Token
    • Algo Trading
      • Core Contracts
      • Indicators
      • Comparators
      • Component IDs
      • Initial Instances and Keepers
    • Asset Management V2
      • Core Contracts
      • Price Calculators
      • Adapters
      • Asset Verifiers
      • Contract Verifiers
    • Virtual Trading Environments
    • Farming System
    • Synthetic Trading Bots
  • Resources
    • Roadmap
    • Equations
    • Protocol Settings
    • Changelog
      • Pre-launch
      • Phase 1
      • Phase 2
    • Links
    • Github
    • Analytics
    • Whitepaper
  • Deprecated
    • Pools
      • Investing in Pools
      • Farming
      • Creating a Pool
      • Managing a Pool
      • System Architecture
    • Strategies
      • Investing in Strategies
      • Claiming Yield
      • Running Backtests
      • Strategy Approval
        • Voting for a Strategy
        • Submitting a Strategy
      • Trading LP Tokens
      • Building a Strategy
      • System Architecture
    • Components
      • Components Marketplace
      • Building Custom Components
      • Submitting Custom Components
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  • What is TGEN used for?
  • Other Tokens on Tradegen Platform

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  1. Token Info

Introduction

This section covers the fundamentals of TGEN, the Tradegen platform's utility token.

What is TGEN used for?

TGEN will primarily be used for incentivizing users to actively engage with the platform. Some use cases include rewarding top-performing pools, voting on proposals to improve the platform, paying for custom indicators/comparators, voting for trading bots, and distributing grants.

The token has a halvening cycle for farming/liquidity incentives, which rewards early users and reduces selling pressure over time. Since no new tokens will be minted after TGEN is launched, the token may gain value over time as more users join the platform while farming/liquidity incentives decrease (increase in demand outpaces the increase in supply).

Other Tokens on Tradegen Platform

In addition to TGEN, the utility token of the Tradegen platform, Tradegen also supports:

  • Fungible Pool Tokens: Fungible tokens that users receive when they invest in a pool. These tokens represent a user’s stake in a pool. When users want to withdraw from a pool, they can burn their pool tokens to receive their share of the pool’s assets.

  • Capped Pool Tokens: Non-fungible tokens that users can purchase from capped pools. These tokens represent a user's stake in the capped pool, with prices lower-bounded by pool's performance. Users can deposit these tokens into farms to collect TGEN rewards while staying invested in the pool. To withdraw from the pool, users can burn their tokens or sell them on the platform's marketplace.

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Last updated 3 years ago

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