🪙GLEND

GLend's Protocol Token

A Utility Token With Yield

GLEND is inherently a utility token that allows users to earn from protocol revenues, participate in governance, and join our community.

Our Sustainable Token Flywheel

• buy back tokens from the open market with protocol revenue

• the purchased tokens will go to TVL accrual incentives

• higher TVL equals higher protocol revenue

Treasury

GLend has a treasury which will be strategically invested in diversified yield strategies. The resulting revenue will contribute to our sustainable token flywheel. This revenue will also be utilized to grow the treasury, support development, marketing, and other proposals approved by token holders.

Acquire GLEND

GLEND can be bought on Camelot DEX. GLEND can also be acquired by using the GLend protocol or by providing liquidity in our Camelot V3 concentrated liquidity vault on auto mode.

Token Distribution

Token allocation and release schedule is as follows:

Allocation	Percentage	Release Schedule
Genesis Airdrop	50%	100% immediately available
GMX Blueberry Club Airdrop	5%	TBD
Treasury	25%	TBD
TVL Accrual Incentives	10%	TBD
Team & Advisors	10%	10% available on February 1st, 2024 followed by linear release over 42 months