Gourmet Galaxy

Gourmet-Galaxy (GUM) is a  yield farming platform combining decentralized finance (DeFi) and non-fungible tokens (NFTs) in a gaming experience. This hybrid model aims to solve the problems that overshadow the yield farming platforms. Yield farming is a protocol that helps users to earn rewards in the form of transaction fees or tokens. In simple words, the network aims to develop a user-friendly, easy-to-use, high-value yield farming platform that is coming to a dead end due to its problems.

According to the whitepaper, the Gourmet Galaxy platform offers four main products with a single purpose to overcome the existing yield farming challenges. These products are GUM Swap, GUM Farming, GALAXY Markets, and NFTs Universe. The challenges include no intrinsic value for incentive tokens, unfriendly user experience, hyper-inflation, and impermanent loss. Thus, the Gourmet-Galaxy team seeks to solve these challenges in the following manner:

GUM is the native ERC20 utility token of the platform built on top of the  Ethereum blockchain with the support of Polkadot. GUM is utilized as the primary incentive reward token. GUM is also used to gain access to the platform, play games, and make ecosystem governance decisions like deciding fees, future game features, and more. Furthermore, the Gourmet-Galaxy network also seeks to expand the ecosystem to be compatible with blockchains other than Ethereum.

Thomas Johnson is the founder of the Gourmet-Galaxy network. He serves as the CEO of the platform. The Gourmet-Galaxy team also includes Kayra St Ford serving as chief technical officer, Kunchok Tsomo as chief marketing officer, Blue OP as blockchain programmer, Pulkit Bhutani as senior engineer, and various other members.

GUM has a maximum total supply of 20,000,000 tokens.