What is $GEAR?
$GEAR is the currency of the Tinkers.
What supports the value of $GEAR?
50% of the Tinker secondary sales will be used to support the value of $GEAR.
A percentage of the revenue generated from Meteor Wallet will be used towards buying/burning $GEAR
Use-cases for $GEAR such as raffles increase the demand/value of it. And more coming!
How To Get $GEAR
There are three ways you can get $GEAR: buying, swapping in Meteor or earning from staking your NTU NFTs.
1️. Buy/Sell $GEAR at https://app.perk.money/
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2. Swap in-wallet at https://wallet.meteorwallet.app/wallet/swap
See detailed instructions below.
3. Stake your Tinker and earn $GEAR at https://tinkerunion.com/stake/
The amount of $GEAR you will earn depends on the rarity of your Tinker NFT.
For $GEAR emission rate, you can refer to this link.
Rarity
Understand that the rank of your Tinker will effect how much $GEAR token it will earn from staking.
The difference between Rank 1 & Rank 3333 will be 5x.
For exact emission references, go to this google sheet https://bit.ly/3M67WvF
How To Swap for $GEAR in Meteor
Head over to the swap section of the wallet.
Select the token and how much you want to swap to $GEAR for.
You'll see how much $GEAR you will receive, along with price impact.
At Meteor we do not charge any swap fees.
Please note there will be only be one available swap route, $GEAR is only available at Ref Finance currently.
Proceed to Review Swap if all looks good.
You'll be presented with a screen that summarises the swap.
You can confirm swap and you'll see a swap successful screen. Congratulations! You're now the proud owner of $GEAR.
