What is$gFLOOR & How to get it

dirtbag lu
2 min readMay 7, 2022

$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:

  1. Go to floor.xyz while you’re here poke around a little bit. Read their docs.
  2. 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.
The link to their Uni pool

3. Swap $ETH for $FLOOR.

4. Once the transaction is finished go back to floor.xyz and hit the “stake” link

FLOOR.XYZ/STAKE

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.

FLOOR.XYZ/WRAP

7. Approve and wrap and now you’re ready to vote!

Official things:

Here is the $FLOOR token address: 0xf59257E961883636290411c11ec5Ae622d19455e

Here is the $gFLOOR token address: 0xb1Cc59Fc717b8D4783D41F952725177298B5619d

Floor DAO’s Snapshot: https://snapshot.org/#/floordao.eth

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