Gondola Finance — New Asset Listing
The 0.Exchange team is excited to list and partner with Gondola Finance (GDL)! Gondola Finance specializes in Stableswap on Avalanche, helping to bridge fragmented liquidity.
With Gondola, moving assets in and out using the Zero bridge to Avalanche is going to be much easier and cheaper. They will begin with 3 z-token pairs, including zETH-ETH, zUSDT-USDT, zDAI-DAI, with liquidity mining start shortly after the protocol launch. If you want to hold these asset without impermanent loss, this can be a great opportunity to do so. Additionally, ZERO-GDL liquidity providers on 0.Exchange will also be able to farm GDL, the governance token for Gondola. For more details, please refer to Gondola’s medium article and their website.
GDL Launch Information:
Protocol launch: 4/28 2:00pm
UTC Mining Start: 4/30 2:00pm UTC
GDL Emissions Schedule (first 2 months):
333K GDL for zETH-ETH pool per day
167K GDL for zUSDT-USDT
167K GDL for zDAI-DAI pool per day.
333K GDL for ZERO-GDL LPs on 0.Exchange per day
About Gondola Finance
Gondola is a fork of Saddle, but empowered by Avalanche’s high throughput and subsecond finality.
Leveraging the StableSwap algorithm, we will connect any asset on Avalanche to solve the fragmented liquidity problem due to multiple bridges.
Read their litepaper for more details.
Website | Twitter | Telegram | Medium | Github
About 0.Exchange
The 0.Exchange Protocol realigns incentives for network participants by introducing revenue sharing and community driven network effects to the popular AMM model. 0.Exchange prides itself on freezingly low transaction and trading fees, 0 finality, 0 hassle, and 0 frontrunning!
