What is Gnosis?
Gnosis Blockchain Summary
Launch Year
2017
Type
Public Blockchain (Formerly xDai Chain)
Consensus
Proof-of-Stake Authority (PoSA)
Gnosis stands out for providing a suite of infrastructure tools and products designed to create a secure and decentralized foundation for the Ethereum ecosystem. Its flagship products include Gnosis Safe (a highly secure multi-signature wallet), the Gnosis Protocol (a decentralized exchange), and the Gnosis Chain (previously known as xDai Chain, an EVM-compatible sidechain focused on stability and speed). With its emphasis on security and usability, Gnosis plays a crucial role in enabling users and developers to interact with Web3 in a safe and trustworthy manner.
Gnosis staking mechanism and details
Gnosis Chain uses a Proof-of-Stake (PoS) consensus mechanism where validators stake GNO tokens to secure the network and earn rewards. Staking on the Gnosis Chain requires running specialized node software and having a sufficient amount of GNO. The network’s emphasis on stability means validators play an important role in ensuring the smooth operation of its low-cost infrastructure.
Details about Gnosis staking
Validator Support
Contribute to network security and earn rewards by staking GNO and supporting validator infrastructure.
Governance Participation
Participate in decision-making and shape the future of the Gnosis network through governance mechanisms.
Blockchain's native cryptocurrency: GNO
Used for paying transaction fees on the Gnosis Chain, participating in governance, and staking to secure the network.
Supply
GNO has a fixed maximum supply of 10 million tokens.
Governance
GNO holders play a crucial role in shaping the future of Gnosis’s products and the broader ecosystem.
Gnosis Products
About the Gnosis Ecosystem
Gnosis Safe
One of the most trusted multi-signature wallet solutions, offering unparalleled security for managing digital assets across individuals and organizations.
Gnosis Protocol
A decentralized exchange (DEX) built for maximizing capital efficiency and minimizing risks for traders.
Gnosis Chain
An EVM-compatible sidechain focused on stability and low transaction fees, making it an attractive option for dApps seeking scalability solutions.
Gnosis Wallet Options
Safe Wallet
Previously Gnosis Safe, can be used directly to store and manage GNO alongside a wide range of other Ethereum-based assets.
Metamask
Popular wallet configurable for both Ethereum and the Gnosis Chain.
Ledger and Trezor
Hardware wallets offer the highest security for storing GNO.
How to Buy Gnosis (GNO): A Guide to the Top Exchanges
Ready to invest in Gnosis (GNO), the native token powering the Gnosis Chain? Several centralized and decentralized exchanges offer ways to acquire GNO. Here’s a breakdown of some popular options to help you find the best place to buy GNO for your investment strategy.
Best CEXs to Buy GNO
Binance
Global leader in cryptocurrency exchange with high liquidity and a wide range of GNO trading pairs.
Coinbase
Popular and user-friendly exchange with GNO trading.
Kraken
Well-regarded exchange focused on security and a good selection of cryptocurrencies, including GNO.
KuCoin
Global exchange featuring several trading pairs for GNO.
Gemini
Trusted exchange regulated in the US, known for security and compliance, featuring GNO trading.
Best DEXs to Buy GNO
mportant Note: Always research and consider factors such as fees, security, supported fiat currencies, and regional availability before choosing an exchange. It’s advisable to compare multiple options for the best experience buying GNO.
How to track Gnosis assets?
Monitor and capitalize all your Gnosis assets from multiple sources with auto-synced data about coin prices, NFT floor prices, advanced analytics and custom asset based opportunities.
7 easy steps to track and capitalize all your Gnosis assets
Open your crypto wallet app or web extension
Select your Gnosis public wallet address and copy it
Open the Hodlezz mobile app and create a portfolio
Select the settings icon in your portfolio
Select [Add connector] from the menu
Select [Gnosis] for any Gnosis compatible address
Choose a name for your connector and insert your public wallet address
Start tracking all your crypto assets now
Experience seamless management of your digital assets with Hodlezz: the premier app for real-time tracking and analytics of your cryptocurrencies and NFTs.