Gladiator Finance

Gladiator Finance

Introduction

A NEVER BEFORE SEEN COMBINATION OF MULTIPLE RISK PROTOCOLS, PROVIDING INNOVATION TO THE WORLD OF DEFI!

The GLAD algorithmic token serves as the backbone of a rapidly growing ecosystem aimed towards bringing liquidity and new use cases to the Avalanche network. The protocol's underlying mechanism dynamically adjusts GLAD's supply, pushing its price up or down relative to the price of AVAX.

Gladiator Finance is a multi-token protocol that consists of the following tokens:

• GLAD ($GLAD).

• GLADSHARE ($GLADSHARE)

Besides the tokens, the protocol consists of several NFT collections that come with great financial utility.

WHAT IS GLADIATOR FINANCE?

Gladiator Finance is a DeFi protocol that combines the best of both Tomb Finance and Wolf Game. This innovative hybrid allows for the benefits of Tomb's algorithmic stablecoin (in our case, pegged to 0.1 $AVAX) along with the novel mechanics of Wolf Game's risk protocol. Gladiator Finance takes the best of both concepts and merges them into a single superb ecosystem. After the launch the core team will improve on the already existing King of the Colosseum and provide its utilities to benefit all participants of Gladiator Finance, build a nice Fireplace and Gladiator Camps, and much more. This document will be extended in the future to reflect current changes.

WHAT IS THE IDEA BEHIND IT?

Tomb has seen a huge number of aspiring projects forking its codebase in an attempt to mimic its success. Most of them have failed, as they forgot to add additional value. Gladiator Finance goes one step further, creating a truly fair protocol where everyone can win... Not just whales and the early investors ✌️

WHY GLADIATOR FINANCE MUST EXIST!

Because GLAD is pegged to AVAX, you benefit from the price appreciation of AVAX, while compounding your GLAD in the Arena to earn even more returns on your capital! You get more for your money. It's a win-win situation.

With Gladiator Finance you can utilize your capital to its full potential, yielding you far superior returns compared to regular holders. More can be earned with Gladiator Finance than simple staking or regular liquidity providing. And that's not all!

Our ecosystem allows every investor to profit from the irrational swings of the volatile crypto market.

If GLAD is perfectly pegged to AVAX, then the market is rational. However, we all know the market is rarely rational. These deviations from the peg allow for significant arbitrage opportunities for GLAD holders.

When GLAD is above peg, the Catacombs start to print GLAD tokens for the GLADSHARE stakers to push the price down where it should be. This increases value for all GLADSHARE holders.

If GLAD is ever below peg, our upcoming utility rich NFT collections will push the price of GLAD back up by burning the oversupply and creating additional demand. Decreasing the supply pushes price up, which also creates value for GLAD holders!

Remember: GLAD isn't a stablecoin. Because it can go up and down with the price of AVAX, there are value-creating opportunities as the market moves!

Tokens

GLAD: Gladiator Finance Peg Token

The GLAD token is designed to be used as a medium of exchange. The protocol's built-in stability mechanism will maintain GLAD's peg to 0.1 AVAX token in the long run.

Please note - that Gladiator Finance is algorithmically stabilized. This is different than being collateralized, and means the value will stay around 0.1 AVAX. Thanks to our innovative algorithm, value accrues to holders whenever the value isn't exactly 0.1 AVAX. $GLAD should not be confused for a crypto or fiat-backed stablecoin.

How GLAD is to be distributed during expansions?

1. GLADSHARE stakers: 80% to reward GLADSHARE stakers

2. GLAD NFT staking pool: 10% to reward NFT holders

3. Treasury Allocation: 3% to support the protocol.

4. Team Allocation: 3% to incentivize the team to keep building and innovating.

$GLADSHARE: Gladiator Finance Share Token

Gladiator Shares (GLADSHARE) are one of the ways to measure the value of the Gladiator Protocol and shareholder trust in its ability to maintain GLAD close to the peg. During expansionary epochs the protocol mints GLAD and proportionally distributes it to all GLADSHARE holders who have staked their tokens in the Catacombs.

GLADSHARE holders have voting rights (governance) on proposals to improve the protocol, as well as future use cases within the Gladiator Finance ecosystem.

GLADSHARE has a maximum total supply of 50,000 tokens distributed as follows:

• Initial mint: 1 GLADSHARE will be minted upon contract creation and fairly distributed via the Initial NFT staking pool to all staked NFTs.

• Incentives: 89.998% GLADSHARE is allocated to incentivize participants of the Arena and NFT stakers over a span of 180 days.

• Treasury Allocation: 7.5% to support the protocol,

• Team Allocation: 2.5% to incentivize the team to keep building and innovating.

Genesis Pools & Token Allocation

Deposit tokens into the Genesis pools to continuously receive GLAD tokens over the span of 2 days! You can proceed to use the accumulated GLAD to provide liquidity and earn rewards.

Note that these Genesis pools are incredible opportunities to increase one's own liquidity; they can yield up to a 10% return, and in some cases even more. All liquidity provided is free to be withdrawn at any point, and we don't lock your tokens in the pool. As such, this is a 'no-lose' scenario; one will always end up with both more GLAD and more of the other partner in the liquidity pair.

The Genesis pools charge a tiny one-time deposit fee of 1%. These funds support the development costs of building our ecosystem, helping our experienced devs create all kinds of utility and value for the Gladiators as a whole. We envision Gladiator Finance as the cornerstone of a multi-chain ecosystem, all of which can use GLAD to return greater yield. In turn, this expansion across chains (and across protocols) has a multiplicative effect. The more we work with other protocols, the better we all do, providing significant long-term value to everyone we partner with.

Roman NFTs (Gladiator Game)

NFT Minting

5551 gen0 NFTs battle to be the best Gladiators and Emperors of Rome. You have 10% chance that your mint becomes an Emperor and 90% that it becomes a Gladiator. These chances are individual, provably fair, not influenced by previous mints.

The mint price will be slightly increase with every mint. The first mint will be 1.4 AVAX and the last mint will be 2.1 AVAX. Linear interpolation is used to calculate the current mint price of each NFTs.

When a new NFT is minted, there is a 10% chance that a staked emperor acquires it. If no Emperor is staked, the new mint cannot be stolen. If an NFT is stolen, the new owner is picked randomly among all staked emperors. Emperors with the higher Ranks get a little edge. The randomness ensures greater fairness; there is as much opportunity for a Gladiator from humble beginnings to rise to the top as there is for one from a noble family.

Initial NFT Staking Pool

How to build a risk protocol where everyone wins?

The Initial NFT Staking Pool distributes 100% of the initial GLADSHARE token distribution over 72 hours to all staked Gladiators. Distributions happen every second. When Gladiators claim their earnings, 20% of those go to all Emperors that are staked at the time, distributed fairly based on the Emperor's Rank. Rank is a factor that has 5 levels. Each Rank gives an additional 20% earning to the base Rank. This means that You stake the Gladiators and the Emperors in the Arena to produce the GLADSHARE token. You can collect the GLADSHARE tokens whenever you want and as often as you want! No need to wait to accumulate a certain amount or to wait a certain amount of time.

The initial supply of the GLADSHARE token is fairly distributed in just 3 days! How insane is that? Not only will the NFTs be used to ensure each participant has a fair opportunity to get the initial GLADSHARE, the NFTs themselves will be useful throughout the protocol, earning yield for You. The Gladiators are your very own cash cows! All unstaked NFTs can be traded on secondary markets, such as NFTrade.

Gladiator Game is a risk protocol for NFTs within a greater financial protocol. It shows what’s possible with interactions between the ERC-20 and ERC-721 protocols. Your NFT can steal other NFTs (ERC-721 tokens) for you. The rarer your NFT, the more tokens you'll probabilistically accumulate.

The first phase of the game consists of 5551 unique NFTs that actually live on the blockchain. No IPFS, no bullshit.

Thousands of Gladiators and Emperors fight to become the best of the best in Ancient Rome!

Note: After 30 days of closing the Initial NFT Staking pool the staked NFTs and unclaimed rewards go to the treasury. Make sure to claim all rewards and restake the NFTs in the Arena or the Catacombs.

Because this game is being made by degens for degens, Gladiator Finance is fully decentralized.