Genshiro is Equilibrium's DeFi one-stop shop on Kusama that can do all things that existing DeFi primitives do, but with less risk and cross-chain.

GENS is the native utility token that is used as:

• a reward for validators/collators running blockchain nodes and performing parallel work.

• a means to pay transaction/interest fees

• a means to pay transaction/interest fees

bailout and collateral liquidity in Kusama-based liquidity pools (when the tokens obtain value)

• a governance token

The total GENS supply on Kusama is 1.2 billion tokens. Let's see allocations below:

45% Lockdrop to EQ holders 

5% EQ staking bonus (additional rewards for those who participated in a

lockdro)

15% Liquidity farming

20% Kusama IPO rewards

15% Treasury (cover extreme losses in case of "Black Swan" events)

Don't hesitate to check our GENS tokenomics: https://genshiro.equilibrium.io/docs/genshiro-tokenomics.pdf

Since Genshiro is a canary network of Equilibrium, the founder and CEO is Alex Melikhov. Alex is an engineer in applied mathematics by training. Before blockchain, he was working on fintech projects.

The current team has been working together since 2017 building on Ethereum back in the day. In 2018, the team kicked off the development on EOS. In April 2019 the team launched the first decentralized EOS-based stablecoin as the first product of the Equilibrium's product line, called EOSDT. Today EOSDT is the most liquid decentralized stablecoin and the biggest DeFi project on EOS, with over $14 million of total value locked in our smart contracts, and over 1,000 user positions generated.

Now the team is developing on Polkadot and Kusama to obtain true cross-chain interoperability and to turn Equilibrium and Genshiro into a full-fledged DeFi one-stop-shop.

GENS is available for trading on a growing number of exchanges:

[Kucoin] (https://trade.kucoin.com/GENS-USDT)

[HotBit] (https://www.hotbit.io/exchange?symbol=GENS_USDT)

[BKEX] (https://www.bkex.com/trade/GENS_USDT)

The all-time high of GENS was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Genshiro (GENS) is 0. The current price of GENS is down 0% from its all-time high.

As of , there is currently 0 GENS in circulation. GENS has a maximum supply of 1.20Bn.

The current market cap of GENS is 0. It is calculated by multiplying the current supply of GENS by its real-time market price of 0.

The all-time low of GENS was 0 , from which the coin is now up 0%. The all-time low price of Genshiro (GENS) is 0. The current price of GENS is up 0% from its all-time low.

Genshiro (GENS) has a market capitalization of $0 and is ranked #8909 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Genshiro (GENS) price trends and patterns to find the best time to purchase GENS.