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$51,680,195
$87,545,589
$119,691
248,343,081 GEL
420,690,000 GEL
Gelato Network (GEL) Chart
Gelato Network (GEL) Return On Investment(ROI)
Gelato Network (GEL) Token Price Now
Gelato Network price today is $0.2081 with a 24-hour trading volume of $119,691. GEL price is down -7.1% in the last 24 hours. It has a circulating supply of 248.34Mil GEL tokens and a total supply of 420.69Mil.
In order to search for real-time and historical information about Gelato Network (GEL) blockchain, including data related to blocks, transactions, addresses, and more, you may use Gelato Network (GEL) block explorers. Here are some of the most popular and useful Gelato Network (GEL) blockchain explorers out there:
What Is Gelato(GEL)?
Gelato Network is a decentralized automation protocol, consisting of smart contracts built on Ethereum and "Executor" infrastructure services that users can leverage for transaction automation. It enables everyone to leverage the power of a decentralized network of bots to fully automate the movement of their money between different protocols on Ethereum. The goal of Gelato Network is to solve the issues of lacking reliability, sophistication, and centralization around dapps that want to offer automated smart contract executions on behalf of their users.
Gelato has already achieved its main purpose of giving Web3 developers easy access to reliable smart contract automation on its platform since its Version 1 mainnet launch2 in early July 2020. Gelato now boasts thousands of smart contract executions that are automated via its platform every month.
What Are the Features of Gelato?
- Developers can transform their existing products, for example, allowing users to repay their debt on a lending protocol such as Compound, into an automated service that no longer requires manual user interactions, yet still preserving the properties of censorship resistance and decentralization.
- Gelato has a proven track record of assisting developers to execute their Ethereum tasks around the clock, enabling them to automate interactions with any smart contract, while still certifying that users have full custody over their funds.
- Gelato Network is a marketplace that brings together two parties: on the one side developers who want to offer Transaction automation to their users, and on the other side infrastructure operators that run executor bots who are looking for tasks to complete as well as future Transactions to execute as instructed by users for a small fee.
Who Are the Founders of Gelato(GEL)?
The founders are Hilmar Maximilian Orth and Luis Schliesske. Their undergraduate studies were Finance (Cass, University of London) and Political Economy (Kings College London), where they developed their current understanding of game-theoretical design and financial applications. They worked at several successful startups in the past (Superside, a YC startup, and Watchmaster), conducted their Master Theses about PoS Consensus algorithms, and are active members in several DAOs on Ethereum.
Gelato is formed by a diverse, international team of curious, creative people who’re passionate about building a decentralized network we believe in — together, working from different places like Zug, Berlin, Paris, New York, Cambridge, Warsaw, and Shanghai.
What Is Gelato Token (GEL)?
The Gelato token (GEL) is the central focal point of all relevant stakeholders in the network. The token exists as a utility for the effective incentive alignment amongst all relevant platform participants - developers, their users, and the bot infrastructure-as-a-service providers. Token Holders will be able to signal their support for or opposition to Proposals in the Gelato DAO. With two following functions:
- Governance: Enabling users to govern the protocol
- Staking: Holding Executors accountable and enabling task execution prioritization
What Is the Supply of Gelato Token(GEL)?
The total supply of the Gelato Token is 420,690,000. Two years after the initial token sale and then once every year thereafter, additional tokens can be minted, if the Token Holders vote in favor of such a proposal, in order to keep on incentivizing new stakeholders to enter the ecosystem to start building on top of the Network. Before the passing of the initial two years, no additional tokens can be minted.
Where Can You Buy Gelato Token (GEL)?
You may purchase the Gelato Token (GEL) from the following exchanges:
Gelato Network (GEL) Community
- Twitter: https://twitter.com/gelatonetwork
- Reddit: https://www.reddit.com/r/GelatoNetwork
- Medium: https://medium.com/@gelatonetwork
- Telegram: https://t.me/therealgelatonetwork
What is Gelato Network (GEL) Contracts address?
Gelato Network FAQ
What is the price of Gelato Network (GEL) token?
The current Gelato Network usd price is $0.2081. We update the Gelato Network USD price in real time. Get live prices of Gelato Network on different cryptocurrency exchanges around the world on Coincarp.
Is Gelato Network (GEL) token a good investment?
It depends on your personal risk tolerance and investment goals. Gelato Network is a cryptocurrency that is highly volatile and therefore may not be suitable for all investors. Before investing, please do your own research about cryptocurrencies, crypto wallets, cryptocurrency exchanges, and smart contracts, and it is crucial to understand the risks and potential rewards of investing in cryptocurrencies..
If you decide to get involved in Gelato Network investing, you will also need to understand the Gelato Network project's white paper, team background, tokenomics, and the overall market environment.
The main ways to get involved in Gelato Network investing are by participating in Spot trading or pledging to earn interest. Perpetual and ETF/Leveraged trading are very risky and are not recommended for non-professionals.
Where can I buy Gelato Network (GEL) token token?
You can buy Gelato Network from a cryptocurrency exchange (CEX or DEX) or some cryptocurrency wallets. Usually we choose cryptocurrency exchanges to buy, most exchanges require you to set up an account and verify your identity before buying Gelato Network. Cryptocurrency exchanges that currently support Gelato Network trading include:
If there is any error, please feedback to us, our email is hello@coincarp.com. Please be aware that buying and selling Gelato Network involves high risks.You should always do your own research and make sure you understand the risks associated with Gelato Network trading before you begin.
How to short Gelato Network (GEL) token?
According to CoinCarp's tracking data, no crypto exchange yet supports Gelato Network contracts or ETF trading. so you can't short Gelato Network
What will Gelato Network (GEL) token be worth in 5 years?
It is impossible to predict what Gelato Network will be worth in five years. The cryptocurrency market is highly volatile and can be affected by a variety of factors, such as US dollar policy, government regulations, technological progress, market sentiment, Gelato Network's circulating supply and the development of project ecology. Therefore, it is impossible to accurately predict the price of Gelato Network 5 years from now.
GEL Price Statistics
Gelato Network Price
$0.2081
Price Change24h
$-0.015904 7.10%
24h Low / 24h High
$0.208 / $0.2283
Trading Volume 24h
$119,691
Volume/Market cap (24h)
0.23%
Market Dominance
--
Market Cap
$51,680,195
Fully Diluted Market Cap
$87,545,589
7d Low / 7d High
$0.137 / $0.2283
30d Low / 30d High
$0.1276 / $0.2283
90d Low / 90d High
$0.1276 / $0.2283
52 Week Low / 52 Week High
$0.1276 / $1.03
All Time High
$4.35
All Time Low
$0.1111