|All Time High:|
|Market Cap: |
|The price of #GNO today is $197 USD.|
The lowest GNO price for this period was $0, the highest was $197, and the current live price for one GNO coin is $197.36827.
The all-time high GNO coin price was $646.
Use our custom price calculator to see the hypothetical price of GNO with market cap of ETH or other crypto coins.
|The code for Gnosis is #GNO. |
Gnosis is 6.6 years old.
|The current market capitalization for Gnosis is $511,102,911.|
Gnosis is ranked #88 out of all coins, by market cap (and other factors).
|The trading volume is big during the past 24 hours for #GNO.|
Today's 24-hour trading volume across all exchanges for Gnosis is $2,840,516.
|The circulating supply of GNO is 2,589,590 coins, which is 26% of the maximum coin supply.|
A highlight of Gnosis is it's limited supply of coins, as this supports higher prices due to supply and demand in the market.
GnosisDAO is the prediction market-driven collective, stewarding the Gnosis ecosystem through futarchy.. — GnosisDAO uses futarchy (prediction markets) to guide proposals, and anyone can participate by joining the Gnosis Forum., After initialization, GnosisDAO is to have effective control over 150K ETH and 8 Million GNO Tokens, with the GNO Tokens vested over 8 years., The first proposals to GnosisDAO include distributing GNO to active participants, introducing a SAFE Token for governance, and developing Gnosis Protocol., In the GnosisDAO governance process, the final phase opens proposals to two signaling methods using GNO Tokens., Now for the vision…“If we have learned one thing from the history of invention and discovery, it is that, in the long run — and often in the short one — the most daring prophecies seem laughably conservative.” Arthur C. Clarke, The Exploration of Space (1954) Gnosis was founded in 2015 with the aim to build prediction markets that enable worldwide access to accurate information. Five years later, our technology powers decentralized prediction market platforms¹, and we’re ready to embark on the next giant leap of the journey: GnosisDAO. The phrase prediction markets could belong to the realm of science fiction. Yet today, prediction markets can be used to forecast elections, wager on deadlines, and model public confidence during pandemics. Just as markets act as pri...
Building a Decentralized Exchange in Ethereum
With the advent of a standard for defining cryptocurrencies in Ethereum comes the possibility of building a decentralized currency exchange into the blockchain. This exchange could be used as both an incorruptible liquidity provider for token markets and a source of token pricing information. My colleagues at Gnosis and I teamed up to build this exchange. — Making an Automated Market Maker - Given the nature of an Ethereum contract, we had to come up with an automated market maker. These market makers are often useful in settings like prediction markets, where their pricing of options reflects the market’s belief in a statement prior to its resolution. For example, suppose that Alice and Bob are both running for election in Chandlerton. An automated market maker could make a prediction market for the outcome of the election, pricing the shares for A and B accordingly so that they reflect the market’s evaluation of the election, and so that when the election in C resolves, the market maker, if not profitable, at worst sustains a limited loss from payouts for A and B. However, unlike a prediction market, which can provide a virtually unlimited amount of option shares that have a standardized price (e.g. from $0.01-$1.00 corresponding to belief in outcome odds), an exchange only has a finite supply of tokens to trade, all of which may be priced arbitrarily against each other. Just consider the exchange rate of BTC and...
Gnosis Year In Review 2022
2022 was a definitive year for blockchain. The cultural values of the industry as a whole were put under scrutiny with the implosion of major crypto funds and exchanges due to criminal behavior. Yet, the value of self custody became painfully obvious to many who trusted centralized entities that turned out to be, well, extremely untrustworthy. The U.S. Treasury Department, in a dramatic display of overreach, sanctioned the virtual currency mixer Tornado Cash, 45 Ethereum addresses associated with its operations, and arrested the lead protocol developer. As a whole, 2022 was a year in which the importance of privacy and censorship resistance were re-enforced. This is all set against the backdrop of economic headwinds, confusion as the world continues to deal with Covid, and a protracted war in Europe. This is not our first nor our last experience in the doldrums of the hype cycles that seem to track time in crypto. In fact, it’s when the great cleanse ensues that we’re given the gift of stillness. A time to apply first principle thinking, to revisit assumptions, improve upon the narrative and ultimately, build. And that’s exactly what we did in 2022. The events of this year strengthened our conviction about the importance of building credibly neutral infrastructure as we focused on building the Gnosis Chain. It is the most important step towards ensuring that everyone, no matter who they are or where they come from, has a...
Announcing Gnosis Protocol
This article was originally published on April 15, 2020. To learn more about CoW Protocol, visit docs.cow.fi, We’re thrilled to announce the launch of the Gnosis Protocol, the result of two years of research and development into better ways to trade on Ethereum. Gnosis Protocol is a fully permissionless DEX (decentralized trading protocol) that enables a new mechanism called ring trades to maximize liquidity. Ring trades especially improve liquidity for illiquid or “long tail” tokens such as prediction market outcome tokens, by facilitating trades not normally possible on traditional trading protocols. You can try it out and trade today on Mesa, the first dapp built on Gnosis Protocol, or directly on smart contract level using this tutorial. — Permissionless Innovation - Gnosis Protocol is built in the spirit of permissionless innovation. Its fully decentralized architecture means you don’t need Gnosis to build on our protocol. Rather, its serverless design guarantees the protocol will always be available. Anyone can list tokens or build integrations on the smart contract level, and not only does the protocol have no owner, its order settlement process does not rely on any operator. A centralized operator is replaced by open, incentivized competition, in which anyone can submit order settlement solutions¹. The first dapp built on the Gnosis Protocol pushes the boundaries of what is accepted as decentralized fina...
Cowswap upgrades to final version by fully integrating with Balancer v2
CowSwap upgrades its smart contracts and launches with a tight Balancer v2 integration that enables better gas prices and UX.. — Today is an important day as CowSwap will upgrade to audited smart contracts that include a tight integration with Balancer’s new vault architecture. This upgrade will mark the evolution of CowSwap from Alpha to its final stable version, its first stable and audited version.Illustration by Lea Filipo As we announced this spring CowSwap (aka Gnosis Protocol) was launched in partnership with Balancer V2. We believe that with collaboration, we can out-cooperate the competition. By integrating both protocols, users get a win-win, as Balancer users will be able to enjoy benefits such as MEV protection, no gas fees for failed transactions, and more, while CowSwap users will also benefit from better prices due to the optimized pool settlements and use of the Balancer v2 single vault architecture. The partnership initiating Balancer-Gnosis-Protocol is unfolding over 3 stages. — Stage 1 (April). — We launched CowSwap as a proof-of-concept dapp (decentralized application) to offer the community a teaser of the capabilities of features such as MEV protection, batch trading, and gasless orders. After 3 months of the protocol being live, CowSwap has already achieved very relevant results such as $ 230 M of trading volume, around 30K trades from 8K distinct traders. — Stage 2 (Augu...
Gnosis Safe is Live on Layer 2!
Polygon, Binance Smart Chain (BSC) and Arbitrum have joined xDai as Gnosis Safe’s Layer 2 offerings. by Beth McCarthy, Gnosis Safe Marketing Manager Following our May announcement, the Gnosis Safe team is thrilled to launch on EVM-compatible networks Polygon, Binance Smart Chain (BSC)and Arbitrum. We anticipate that our multi-chain rollout will play a critical role in meeting the Gnosis Safe community’s needs of tackling Ethereum scalability, boosting the adoption of Decentralized Autonomous Organisations (DAOs), bringing added security to DeFi treasuries, and creating space for network-native features.Benefits to Gnosis Safe Users Gnosis Safe adoption has been rising rapidly, with >$44billion USD value now held in Safes and >26,000 created to-date. With more users and significant transactions being made than ever, it was a priority for us to respond to requests for key Layer 2 features like low transaction costs and efficient throughput. By offering compatibility with L2s spanning popular networks, we hope to continue serving the growing sector of DeFi treasuries currently storing $55 billion USD TVL, DAOs managing $838 million assets, and a wide range of investors, institutions, projects, teams, and individuals. By making Gnosis Safe accessible across chains, we also look forward to catalyzing a feedback loop of adoption and scaling of apps available on those chains. Launching on each chain means creating a chain-...
Gnosis Protocol v1 solvers going down
August 1st, 2021, the solvers operated by Gnosis running on Gnosis Protocol v1 (Mesa) will be deprecated in favor of those running on Gnosis Protocol v2.. — Two months ago, Gnosis Protocol v2 successfully launched. Users have been trading more than 1100 tokens on it, with a total of $ 112 M of volume. Because the vast majority of user activity is on GPv2 in comparison to v1, on August 1st, 2021, Gnosis will shut down the solvers we are running to settle batches on Gnosis Protocol v1. We will put all our efforts into the improved version of the protocol, Gnosis Protocol v2. Gnosis Protocol v1 launched in April 2020 and introduced a new trading mechanism. On Gnosis Protocol v1, an open competition of solvers for order matching replaced a central operator, and the term “solver” refers to anyone who submits an order settlement solution for a batch auction. Anyone could and continues to be able to become a solver by submitting a proposal for order settlement, although significant technical and computational capacity is required for it to be in their economic interest. Solvers’ proposals compete to provide the best order settlement for a given batch. As part of our commitment to the Gnosis Protocol v1, we ran several solvers that were programmed to settle batches so that traders could experience better prices. Gnosis Protocol v1 had the right intention and design in place, but it was suboptimal in certain aspects that...
Gnosis client development team Joins Erigon (formerly Turbo-Geth) to Release Next-Gen Ethereum…
Gnosis client development team Joins Erigon (formerly Turbo-Geth) to Release Next-Gen Ethereum Client While putting greater resources toward this effort, Gnosis will deprecate the OpenEthereum legacy codebase and work on a migration path for all existing users. For the last year and a half, Gnosis has led the development of OpenEthereum, the second largest Ethereum implementation by node count, taking over the maintenance of this critical codebase. During this time, OpenEthereum played an important role in being a key piece of infrastructure for some of the largest users in Ethereum like Etherscan and Gnosis Safe. Its tracing capabilities set it apart from other clients, ensuring reliable and fast synchronisation for data providers. However, its development has reached a point where it is no longer possible to implement the protocol improvements that are aligned with our vision. As OpenEthereum’s stewards, our ability to prevent a consensus failure is limited by a 200.000-line codebase that is now over 5 years old and originally written by a team whose main focus has shifted away from Ethereum. A major codebase refactoring would be lengthy without solving the underlying issue of a monolithic architecture which hinders it from moving to our modular client vision. With these factors in mind, we have decided to stop maintaining and supporting the codebase inherited from Parity Technologies, which we now call OpenEthereum 3....
EulerBeats x Gnosis Safe: A Case Study in Collective NFT Ownership
by Beth McCarthy, Marketing Manager at Gnosis Safe. — DAOs provide a medium for groups to self-organize, pooling resources and holding them in common for the benefit of the whole. Even for large groups of strangers, united by nothing but a shared incentive, DAOs are substrates for self-assembly: “the process by which components autonomously interact and coalesce without the intervention of a centralized, controlling force.”¹ Underlying the nature of components to cluster and give rise to emergent systems are the elegant formulae of 18th century mathematician Leonard Euler. Fittingly, the story of a DAO coordinating around shared ownership of EulerBeats, audiovisual NFTs algorithmically generated based on Euler’s identity number and totient function, is itself an object lesson in applying his theorems.Background EulerBeats launched in early 2021 and have since released two collections, the inaugural Genesis drop in February followed by Enigma in March. A project of NFT platform Treum, a Consensys affiliate, EulerBeats is innovating token creation, price finding, and royalty distribution for the creator economy. Programmed into EulerBeats’ smart contracts, royalties pay out automatically and include full commercial rights for Original release LP holders. This includes the ability, through EulerBeats’ use of ERC-1155 tokens, to “print” and sell fungible replicas, which have a fixed supply priced on a bondin...
Announcing Gnosis Protocol v2 Bug Bounty
Find the bugs, get rewarded. Earn up to $50,000 for every bug you report.. — Gnosis Protocol v2 is a fully permissionless protocol that leverages batch auctions to provide MEV protection, plus integrates with on-chain liquidity sources to offer traders the best prices. As usual, we want to be sure to always follow security best practices and that is why we are opening a public bug bounty program for up to $50,000 in rewards. For some background information, consider reading this high-level summary, which describes the motivation behind building Gnosis Protocol v2, as well as the reasons behind the architectural design choices described in this announcement. Our documentation for developers is in progress, but we hope to have it available as soon as possible.Audit Report The contracts have been carefully audited by smart contract security expert Adam Kolář. The first audit report can be found here.Bug Bounty Program We are happy to announce the bug bounty program for Gnosis Protocol v2. You can earn up to $50,000 for every bug you report. — The Rules. — Many of the Ethereum Foundation’s bug bounty program rules are also applicable for the Gnosis Protocol v2 bug bounty program:Issues that have already been submitted by another user or are already known to the Gnosis team are not eligible for bounty rewards.Public disclosure of a vulnerability makes it ineligible for a bounty.The Gnosis core develop...
More Gnosis (#GNO) News
|Gnosis Safe raises $100M led by 1kx to grow its crypto-custody solution,...
Safe (previously known as Gnosis Safe), a blockchain asset management platform, today announced it has raised $100 million led by 1kx. Initially developed as an internal tool, Gnosis Safe has organically become a critical infrastructure for web3 as a means to securely manage digital assets.
This funding round is a milestone for the growth of Safe as a programmable ownership platform, enabling secure management of digital assets, data, and identity across DAOs, plus retail and institutional users.
Today's new funding and strategic alliances will enable Safe to grow an ecosystem of apps and tools on top of its smart contract account protocol. All funding is extended to the Safe Ecosystem Foundation, a non-profit organization protecting strategic assets and contributing to the further development of Safe.
The round is also joined by Tiger Global, A&T Capital, Blockchain Capital, Digital Currency Group, Greenfield One, Rockaway Blockchain Fund, ParaFi, Lightspeed, Polymorphic Capital, Superscrypt, and 50 other strategic partners and industry experts.
Unlocking ownership for everyone in web3
Gaining wide adoption for its self-custody solution, Safe has been used to process over 600,000 transactions and secure digital assets exceeding $40 billion. Additionally, many highly valued NFTs, including 13% of all Cryptopunks, are currently secured using Safe.
Safe has built infrastructure that serves some of the biggest DAO treasuries (1inch, BitDAO), crypto institutions (Bitfinex, GSR), ...
|MetaMask Institutional Announces Strategic Partnerships with Gnosis Safe...
ConsenSys-owned institution-compliant extension, MetaMask Institutional (MMI), has announced forming strategic partnerships with self-custody solutions Gnosis Safe and GK8, as well as custodians - Hex Trust and Parfin. The end goal is to expand the organizational reach and streamline the DAO experience.
With the latest integration, MetaMask is now embracing the requirements of DAOs looking for crucial management solutions to engage in decentralized finance activities.
Partnerships and Integrations
As per the press release shared with CryptoPotato, MetaMask Institutional, which boasts 30 million monthly active users, aims to provide organizations access to DeFi and Web3 while meeting rigorous institutional requirements.
Last year, the platform announced integration with BitGo, Qredo, and Cactus Custody to bring DeFi to major companies in the US, EMEA, and APAC regions. MMI said the latest partnerships with five entities 'compliments' the previous integrations from both a solution and geographic perspective.
The release also stated that MetaMask Institutional will continue to address varied requirements of organizations and DAOs with the aim to bridge every organization in the world into Web3. Currently, MMI has seven custodians under its belt that provides the needs of organizations and DAOs in various jurisdictions with important management requirements.
Johann Bornman, Global Product Lead for MetaMask Institutional, commented,
'We are delighted to work with these fantastic p...
|1inch Protocol Now Available on Avalanche and Gnosis Chain
Continuing with its push for 'the best deals across the blockchain space,' the 1inch Network has announced the deployment of its latest aggregation and limit-order protocols on Avalanche and Gnosis Chain.
Conquest of the DeFi
The DEX aggregator termed the new partnerships a continuation of its conquest of the DeFi space. In a press release shared with CryptoPotato, 1inch explained that it tries to offer low-cost and high-speed cross-chain transactions, saying:
“1inch Aggregation Protocol and the 1inch Limit Order Protocol have been deployed on Avalanche and Gnosis Chain, formerly known as the xDai Chain.”
These partnerships help 1inch expand its reach to new customers on these two platforms.
Thanks to its cooperation with Avalanche, users can access several 1inch protocols on the latter's blockchain.
These include 1inch Limit Order Protocol v2, Aave v2, SushiSwap, Trader Joe, and YetiSwap.
Similarly, the tie-up with Gnosis Chain will allow users to access many of the 1inch's protocol, including 1inch Limit Order Protocol v2, Curve v1, Honeyswap, Levinswap, SushiSwap, and wxDai.
Co-founder of 1inch Sergei Kunz said: “1inch’s main goal is to offer users the best deals across the blockchain space. To achieve that, 1inch protocols constantly expand to new chains, and the expansion to Avalanche and Gnosis Chain will offer 1inch users more options for cheap and fast transactions.”
Limit Order Protocol v2
1inch released Limit Order Protocol v2 in mid-De...