GoGoPool ($GGP) is a permissionless staking protocol built for Avalanche Subnets.
GoGoPool allows Avalanche node operators to launch a validator node with a minimum of 1100 AVAX, while providing instant liquidity to stakers. As a permissionless protocol, any individual, business, or Subnet can use the protocol to stake or launch new validator nodes. Our mission is to make is as easy as possible to launch a Subnet. Our vision is to enable the Wordpress moment for web3 via open source tooling, strong community, and an open staking protocol.GoGoPool allows Avalanche node operators to launch a validator node with a minimum of 1100 AVAX, while providing instant liquidity to stakers. As a permissionless protocol, any individual, business, or Subnet can use the protocol to stake or launch new validator nodes. Our mission is to make is as easy as possible to launch a Subnet. Our vision is to enable the Wordpress moment for web3 via open source tooling, strong community, and an open staking protocol.
GGP is an ERC20 utility token that is used for:
- Lowering the AVAX staking cost of a validator node
- Staking to be matched with AVAX from the deposit pool
- Used in governance to make decisions about the protocol, aimed towards helping Subnets launch faster