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$GNS rewards are paused for now. Following the Make Gains Great Again governance vote (passed June 2026), the protocol has entered a growth phase: the revenue that previously funded buyback & burn (BB&B) is being redirected into the Growth & Marketing Treasury, so the burn is currently set to 0% and there is no active staking reward distribution.Rewards are not gone — they are deferred. Once $GNS reaches the Phase 2 threshold (a 30-day TWAP at or above $20), the DAO can re-introduce buyback/burn and staking rewards at the level it considers appropriate. Staking the token for fee discounts continues to work throughout.
Track $GNS burn and supply metrics on GNS staking. You can also use this Dune dashboard. For more details on the $GNS tokenomics, refer to GNS Token

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Staking GNS

In July 2024, Gains introduced the Buyback and Distribute model (BB&D) to reward $GNS stakers with 55% of the protocol’s revenue, an allocation later used to buy back & burn $GNS from the open market. The tokenomics have always been designed to adapt over time in response to community demand and market conditions. Under the current growth phase (see the notice above), that revenue is redirected into growth and marketing rather than rewards. $GNS holders may still stake their tokens, and the contract is ready to distribute revenue again as soon as direct revenue sharing (SSS or BB&D) or buyback & burn is turned back on by the DAO.

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Buyback & Burn

The mechanism below describes how buyback & burn works when it is active. It is currently paused under the growth phase and will resume when the DAO re-enables it (Phase 2, $GNS 30-day TWAP ≥ $20).
When active, around 60% of the open and close fees generated by the platform ($USDC, $DAI, $WETH) are used to buy back $GNS OTC using the 1 hour TWAP + a 1% premium to ensure a reliable arbitrage opportunity. Buying back $GNS with the non-GNS collaterals both creates a sustained buying pressure and a more stable price floor, as well as helps retain value within the ecosystem. The revenue can be distributed to $GNS stakers, the governance fund, or the burn address. This split is flexible and set by governance; before the growth phase it was 90% $GNS burn (60% * 0.9 = 54%) and 10% governance fund (60% * 0.1 = 6%). You can read more about the Buyback & Distribute (or Burn) tokenomics in this Medium article.

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Audit

Our staking contract has been reviewed by Pashov Audit Group. See the Gains Network security review.

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$GNS Staking FAQ

Are my staked $GNS locked for a certain period of time? There is currently no timelock for staking $GNS, and you are able to withdraw at any time. What’s the difference between the buttons “Harvest” and “Compound”? Harvest transfers your rewards to your wallet. Compound harvests your rewards and restakes them, in a single transaction. I staked before September 30, 2023 and I can’t find my staked $GNS. Where are they? Your $GNS is in the deprecated vault. The staking vault was upgraded in late September 2023, and you can unstake your $GNS from the old vault here: https://gains.trade/staking-legacy