Gelios Alphanet: All You Need to Know

Gelios
3 min readMar 14, 2024

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⏳ Save the date: March 16th ⏰🔥

Get ready for Alphanet launch! Gelios is excited to announce the upcoming deployment of our AlphaNet platform, marking a significant milestone towards Mainnet. This post outlines everything you need to know about Alphanet, including key dates, features available, and exciting opportunities. Check it now!👇

Alphanet — A Phased Launch

1️⃣. Alphanet Beta Version (March 15th)

  • Testnet Closure: The Testnet will officially close on March 15th.
  • Alphanet Demo Launch: A limited Demo version of Alphanet will be available for WHITELISTED users on March 15th at 13:00 UTC.
  • Demo Functionality: During the Demo phase, users can experience core functionalities like bridging assets, transferring tokens, deploying contracts, and exploring the block explorer.

2️⃣. Alphanet Public Version (March 16th, 13:00 UTC)

Following the Beta phase, the Alphanet will transition to a public launch on March 16th, extending its innovative features and services to a wider audience, allowing anyone to participate.

➡ How to join: https://docs.gelios.io/gelios-alphanet/overview

3️⃣Gelios Listing on Uniswap (March 16, 14:00 UTC)

Adding to the excitement, Gelios announces the listing of its native token, $gOS on Uniswap. Key Details of the $gOS Listing:

Platform: Uniswap
Listing Time: 14:00 UTC | March 16, 2024

Trading Pair: $gOS/ETH
Initial Supply: 210,000,000 $gOS
Initial Price: $0.0019
Initial Market Cap: $40,000,000
Initial Liquidity: 100 ETH

As announced on official Twitter, we’ve successfully collected investments from our private investors. Something important to take notes: Click Here!

4️⃣ Airdrop System Contributors

Bridge transactions and smart contract interactions (deploying and transferring tokens, including gBTC) on Alphanet will contribute to your eligibility for the System Contributors Airdrop.

This airdrop will be distributed across three phases: Testnet, Alphanet, and Mainnet. More details about the airdrop will be announced soon!

5️⃣ Exclusive Opportunity for Private Investors

For Big Whales and Private Investors interested in supporting Gelios, we present the exclusive Gelios Strategic Investor Policy.

Key Entry Investment: This is the ONLY way for private investors to participate in Gelios. We are finalizing negotiations with a limited number of strategic investors (up to 6 slots) who will enjoy significant benefits:

  • 20% discount on the Key Entry price.
  • 100% of the Liquidity Provider Incentive.
  • 10% of the Token Tax revenue.

Investor Commitment: Read here!
Gelios Strategic Partners Updates: Read here!

To apply for the Strategic Investor program, visit https://www.gelios.io/ or contact us through our official channels. Applications will be accepted on a rolling basis until all 6 slots are filled.

6️⃣ Innovating with Gas Sharing

In a move to optimize efficiency, Gelios introduces a Gas Sharing feature within the Alphanet, offering an 80% GAS fee back to the users.

This innovative approach ensures a cost-effective environment for all network activities. Whether it’s bridging assets, transferring tokens, or deploying contracts, users can now engage with the ecosystem with greater ease and lower costs, making every operation more streamlined and efficient.

7️⃣ Bridge BTC, ETH, and ARB to Gelios (March 16th)

Gelios’ multichain vision takes center stage with the launch of AlphaNet!

Supported Chains:

  • From: BTC, ETH, ARB
  • To: Gelios (gBTC)

Dual-tax Model:

  • Tax Fee on Gelios chains: Completely FREE!
  • Tax Fee on Other chains (Buy/Sell ~ 1/2):
    A portion of the tax revenue is used to subsidize bridge gas fees.
    The remaining portion is used to reward users who stake gOS on other chains.

Through this carefully crafted framework, Gelios aims to balance the ecosystem’s economic dynamics, ensuring a seamless, cost-effective, and rewarding experience for all users engaged in the multichain landscape.

Stay tuned! As we take closer to the AlphaNet launch, we’ll be sharing more detailed information!

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Gelios
Gelios

Written by Gelios

Pioneering Community-Owned dApp Layer on Bitcoin Network. Integration of #Runes Standards and EVM-Friendly. ☀

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