What is$gFLOOR & How to get it
$gFLOOR is the wrapped, governance token for Floor DAO and is required for voting through their DAO. It is a rebasing token, so there is a high APY due to issuance and to help with distribution.
NOTE: The Policy team at Floor DAO is already in discussion to turn this issuance down, or off completely.
How to get it:
- Go to floor.xyz while you’re here poke around a little bit. Read their docs.
- To find their UniSwap pool find this link at the top of the page. I’ll add the token address at the end of the article.
3. Swap $ETH for $FLOOR.
4. Once the transaction is finished go back to floor.xyz and hit the “stake” link
5. Approve and stake. This will give you $sFLOOR
6. If it doesn’t automatically wrap your $sFLOOR in the same transaction, or take you to the next page to wrap. There is a link at the bottom of the page.
7. Approve and wrap and now you’re ready to vote!
Here is the $FLOOR token address: 0xf59257E961883636290411c11ec5Ae622d19455e
Here is the $gFLOOR token address: 0xb1Cc59Fc717b8D4783D41F952725177298B5619d
Floor DAO’s Snapshot: https://snapshot.org/#/floordao.eth