What is Gelato Token?
Gelato Network is an open marketplace to match developers’ demand for transaction automation with the supply of a decentralized network of bots. It is the de-facto automation infrastructure of top aggregators, wallets, and protocols. Gelato empowers developers to build automated dapps and allows bot operators to earn revenue from running the infrastructure necessary for such automation.
The Gelato token (GEL) is the central focal point of all relevant stakeholders in the network. The token exists as a utility for the effective incentive alignment amongst all relevant platform participants – developers, their users, and the bot infrastructure-as-a-service providers. Token Holders will be able to signal their support for or opposition to Proposals in the Gelato DAO.