The Converting Process

Gam3 and xGam3 are distinct tokens within our ecosystem. When a conversion occurs, one token is burned while its counterpart is minted. The conversion ratio of Gam3 to xGam3 is always 1:1 (100%) with no unlock period.

For conversions from xGam3 to Gam3, an unlock period is required. The duration of this period is chosen by the user, and the conversion ratio increases with longer durations. The details are as follows:

• 15 days: 1 xGAM3 = 0.3 GAM3 (30%)

  • The remaining 70% of GAM3 will be sent to the EIV.

• 30 days: 1 xGAM3 = 0.6 GAM3 (60%)

  • The remaining 40% of GAM3 will be sent to the EIV.

• 90 days: 1 xGAM3 = 1 GAM3 (100%)

This structured approach ensures flexibility and incentivizes longer lock-up periods, benefiting the overall ecosystem.