Gnosis

Gnosis (GNO) is a cryptocurrency and a platform focused on creating decentralised infrastructure for the Ethereum ecosystem. Initially launched as a project under ConsenSys in 2015, Gnosis became independent in 2017. Gnosis aims to build open applications and infrastructure, primarily in the realm of decentralised finance (DeFi) and prediction markets. The GNO token serves multiple roles, including governance, staking, and participating in the Gnosis ecosystem’s prediction markets and decentralised applications.

Gnosis (GNO) tokens are utilised within the Gnosis ecosystem for several purposes:

• Governance: GNO holders can participate in the governance of the platform via GnosisDAO, voting on key proposals and decisions that shape the future of the project.
• Staking: GNO tokens can be staked to support the security and operations of the Gnosis Chain, a sidechain of Ethereum.
• Incentivisation: The tokens are used to incentivise participation in the platform's prediction markets and other decentralised applications incubated by Gnosis​.