The Grand Launch of gUSHer v1: A New Era in DeFi

The Grand Launch of gUSHer v1: A New Era in DeFi

gUSHer is launching! With a focus on user empowerment and security, we're thrilled to introduce several features designed to maximize your experience and participation in our growing decentralized community. Let's dive into it!

Airdrop

Exciting news for our early supporters and participants! We're rolling out the airdrop claim to reward your early involvement and support. Simply connect your wallet to our platform to check your eligibility for the airdrop. Our airdrop page will display the total allocation you've earned, encompassing all avenues, including our notable Boost-strapping event. For a comprehensive understanding of the criteria and to ensure you don’t miss out on your rightful share, we encourage you to delve into our documentation. For users that have airdrop vestings that span 12 months, you can claim the first 6 months now as esGUSH (since it takes a 6 month linear vest to fully vest to GUSH) and you will be able to claim that second batch of esGUSH in 6 months.

Audit

Your trust and security are paramount. We are proud to announce that gUSHer has undergone a rigorous audit by FYEO, the same esteemed company that audited Solana prior to its launch. This step reaffirms our commitment to providing a secure and reliable platform. For those interested in the specifics of our security measures and audit results, we invite you to explore the full report available in our documentation.

Let the Farming Begin!

The wait is over! You can now create and stake your gushyUSH to not only earn more gushyUSH but also esGUSH and additional external rewards designated for vdUSH holders. Rewards accumulate with each block, allowing you to claim as frequently as you desire. To ensure affordability and accessibility for all, external rewards will be aggregated and distributed bi-weekly. Start farming today and get gushy!

In addition, v1 launch will be the start of Epoch 0. External protocol rewards (like ARB) that flow through the unshETH/gUSHer ecosystem will be claimable after epoch increments for gushyUSH stakers and vote-locked GUSH/esGUSH.

Governance

Step into the realm of governance with your GUSH and/or esGUSH tokens. By locking your tokens, you gain vlGUSH balance, symbolizing your voting power within our DAO. Each user can initiate one governance lock, setting their desired lock period and adding tokens at will, though all tokens will share the same lock date. Enhance your vlGUSH totals by extending your lock period, but remember, reducing the lock period is not an option.

Important: Your initial lock triggers a prompt for a second transaction, which integrates you into the farming rewards program in addition to governance. While optional, this step is crucial for participating in gUSHer rewards. Regardless of your choice, your lock status does not affect this process, and no further action is required post-signature. This is a one-time action signaling your intent to reap rewards alongside enjoying governance privileges. Rewards are proportionate to your stake in the farming pool, contingent on maintaining a lock balance above zero. There is also an indicator in the “Your Current Lock” section that says whether you are farming and if you are not, there will be a button so that you can manually trigger this signature to start farming.

esGUSH

You can now vote-lock or begin vesting your esGUSH into GUSH on a 1:1 basis. Note that vesting is a linear, six-month irreversible process, allowing for incremental claims of your vested GUSH. Once vesting is begun, it cannot be stopped.

More to Come

Today marks a significant milestone, but our journey is far from over. We're committed to expanding our platform with additional features, functionalities, and comprehensive FAQs in the coming weeks. Your feedback is invaluable, so please reach out with any questions or suggestions to enhance your experience. Additionally, we're actively forging new partnerships and exploring potential grants to bolster the gUSHer protocol.

TLDR;

  • gUSH your USH.

  • Engage in staking, locking, and farming for rewards.

  • Don't miss out on claiming your airdrop.

  • Start the vesting process for your esGUSH.

Embark on this exciting journey with gUSHer, where your digital assets work harder for you. Together, let's redefine the future of DeFi.

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