HODL Profile picture
Nov 30 26 tweets 15 min read
Thread 🧵1/25

I wanna break down a few things about $GIGA, since many new people have spotted this incredible project, i believe education is important to truly understand what @gigaswapfinance is, what stage it is in now and what is next.

Let’s get to it shall we 🫡

$ETH $ICP Image
2/25

$GIGA fair launched in august 2021, there were no presale, no private sale and no VC’s.

Go through Etherscan and check for yourself. The top holders bought fairly as goes for the rest.

CA: 0x83249c6794BCa5a77Eb8c0AF9F1A86E055459cea Image
3/25

Tokenomics and supply

Launched with 100,000,000,000 tokens

Circulating now 91,500,000,000
(8,5% burned so far)

Tax

3,5% tax on every buy/sell

Tax breakdown

2% is burned and 1,5% towards development on each txn.

*$GIGA will be a 0% tax token after fully roll-out
4/25

$GIGA is deflationary, no more tokens can be minted.

In contrast to MOST other projects which are highly inflationary. Many having vesting schedules, with vasts amounts of tokens being minted and team allocation being market sold to pay for devs. None of that applies here. Image
5/25

Trading fee breakdown on GIGASWAP

On every transaction the users will pay a fee of 0,3%

90% of the revenue go towards stakers.

10% of the revenue go towards the team, this is their revenue stream after removing the token tax and set it to 0%.
6/25

The growth of $GIGA is all organic and the community is truly amazing, the majority shares and sees the vision the team has.

Wen marketing ? “Marketing” isn’t effective without a product people can use now. Market a working product on the other hand is effective.
7/25

The founder @RedEyedApple started working on $GIGA back in 2021, read his medium here 👇

And when you use this much time on something, you really wanna do things right and they have mentioned they have a go to market strategy when things are rdy.
8/25

So when are things ready ? Start November the team submitted the final improvements to the audit company @SolidityFinance for GIGASWAP, containing 41.sol files.

After submitting, the founder discovered a way to lower gas ⛽️ significantly as you can see here 👇 Image
9/25

So with the information shared in the telegram ( core community ) the audit could be done any day now, since they have processed the early files and is currently auditing the final improvements.

Once it’s done the dApp will go live shortly after.

Safety first 🤝 ImageImage
10/25

Wen staking ? Staking will be implemented after a successful launch of the dApp.

A good thread made yesterday by @LouisCooper_ explaining a bit about how big the OTC market is, estimated calculations and how amazing the yield potential is. $GIGA = real yield 🤝 Image
11/25

Governance and special features

When you’re staked and when the governance is implemented, you will have voting rights for future developments.

Also special features in the swap will be available if you’re staked, more information on this topic will be shared later on.
12/25

I believe a healthy adoption of users towards GIGASWAP, due to all the innovative features it will offer within decentralised trading on-chain.

Our community will use it, share trades, the team will create more awareness and the word will spread like wildfire imo Image
13/25

All the big EVM chains will be supported over time. First chains are ERC20 and BSC upon launch.

Shortly after we will see more and more chains like Arbi, Avax, etc.

Take in mind that GIGASWAP is going to be bridgeless trading on all chains, thanks to #ICP technology. ImageImage
14/25

Be able to trade native #BTC on GIGASWAP, yes you heard correctly. This will be available sometime after launch

This is massive and without going into to many details I’ve have choose a few screenshots from the telegram, where the founder explained this more in details ImageImageImageImage
15/25

How is it possible to trade native #BTC without using a middleman like a CEX?

The founder @RedEyedApple is deep into the technology of Internet Computer and even had a brief conversation on Twitter with @dominic_w about $GIGA 👇
16/25

Some good questions was asked yesterday from the community members on how things will work trading native #BTC through GIGASWAP.

The founder as always is answering questions when asked and keeping things transparent, here he explains shortly how it will work 👇 ImageImageImage
17/25

The goal for $GIGA is two things.

1. Be the leading protocol within the OTC market in volume

2. Be 100% decentralised and by this it also means decentralised hosted.

With all crazy things going on with CEX and centralised authorities, $GIGA is coming at the right time Image
18/25

So much achieved already and so much more to come.

This project truly checks all boxes imo to become a leading protocol.

✅First mover
✅Solve issues
✅Real yield
✅Provide solutions
✅Evole decentralised trading
✅Fully decentralised
✅Top team
✅Top community Image
19/25

If you’re still reading and want to learn more about $GIGA there is a lot of information available.

Start with the WP 👉 giga-swap.gitbook.io/gigaswap/

Will also share a few CT threads in the next comments.

First one is from @LFGINARI explaining some of the trading features
20/25

The first thread about $GIGA made by @BlocksNThoughts and he explains a good overview about the issues it solves, the OTC market and more.
21/25

@CryptoKaduna talking briefly about how $GIGA can dominate the NFT industry, due to extreme low fees in comparison to opensea etc.

Take in mind that fractional NFT trading (F-NFT also will be a feature in $GIGA) meaning you can sell fractions of your beloved NFT
22/25

Another incredible thread made by @tonyathresearch making some good expamles on different trading scenarios etc.

If you have any questions, ask them here or join the amazing community here 👉 t.me/GigaSwapEntry

Join the revolution 🤝
23/25

The founder is @RedEyedApple on twitter and telegram, he is anon, he is extremely talented as proven and believe 100% in decentralisation.

Doxxing is a meme really, we all seen the catastrophic events from doxxed projects, what matters is code and transparency. Image
24/25

@RedEyedApple has explained about his background, he was hooked on blockchain since 2008, has 18 years experience within IT/Blockchain/Coding.

He does this for all the right reason and you can feel his passion.

I fully support him and $GIGA on their vision. Image
25/25

Max limit reached for a thread reached 😤

The WP and threads, go through them, so much good information.

If a 🦄 🥞 🍣 can reach multiple billions, I wonder what a $GIGA CHAD can reach long term 🤔

Bare with me if the grammar is a little off, I’m danish 🇩🇰😎🍻

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