GAX Liquidity Token Reward, or GLTR for short, is a utility token used in the Gotchiverse game. Gotchiverse is a yield-bearing NFT land game that is a part of the Aavegotchi game, which is an essential component within the Aave ecosystem. The Gotchiverse game was launched in 2022. In the game, players can take part in many activities such as fighting, crafting, farming, etc. to generate yields.
GLTR allows players to speed up crafting and upgrading through a burning mechanism, which allows them to reach higher levels of the game faster. The token can be earned by staking GAX (the native DEX of Aavegotchi) LP tokens or other LP tokens.
GLTR has a total supply of 1 trillion and a circulating supply of 40.5 billion.
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