If you are doing nothing with your GGP you are missing out on rewards. You can get 20% APY by depositing it into the xGGP tokenized vault.
If you can’t find what you’re looking for, join the GGP discord.
Yes - we did two private audits that can be viewed on our github or in our docs.
20% APY and rewards will be distributed a few hours before each GGP rewards period.
Rewards are distrubuted a few hours before each rewards period. Make sure to you have your GGP tokens deposited in the xGGP vault before the rewards period to make sure you earn yield.
We will try and maintain as much liquidity as possible for depositors. Before each rewards period, GGP is withdrawn from the vault for staking. After the rewards period, as our nodes finish their validation cycle, GGP will be re-deposited into the vault. Within 14 days of a rewards cycle, the vault should have enough GGP for 100% of people to withdraw. Any GGP can be withdraw before then as long as there is liquidty in the vault.
We outline these in more detail in our docs.
We are operating several GoGoPool minipools alongside this vault. We supply the Avax and handle the operation of the nodes, and use the vault GGP to stake on those nodes. Yield comes from the GGP rewards cycles. Learn More.
No - the contracts are upgradable by SeaFi LLC's 2:3 multisig and the GGP is being staked on nodes operated by the SeaFi team.
