ℹ️GT & LP Tokens Overview

Difference between the NEO GT Token and NEO LP token of NEO DAO:

NEO GT tokens (Governance Tokens) and LP tokens (Liquidity Provider tokens) are different types of tokens that serve different functions within a NEO DAO.


NEO GT tokens are used for governance purposes, such as voting on proposals and participating in decision-making. NEO GT token holders have the ability to shape the direction and strategy of NEO DAO, and can have a direct impact on its success. NEO GT tokens are also often required to access certain features or services within the NEO DAO.


NEO LP tokens, on the other hand, are used for liquidity provisioning, meaning that they are staked in order to provide liquidity for NEO DAO. NEO LP tokens are used to earn a percentage of the trading fees that are generated by NEO X that they help to provide liquidity for. In addition, LP tokens also can help in a NEO DAO treasury management as well as in its community engagement.


The advantages of each token.

NEO GT Token: One of the advantages of GT tokens is that it allows you to have a say in the decision- making process and direction of the NEO DAO, and potentially earn rewards. 
 
 NEO LP Token: For LP tokens, one advantage is that they provide a way for users to earn passive income by providing liquidity to NEO DAO, and also help in overall good functioning of the DAO.