GT-Protocol is bringing better investment pool management to DeFi and CeFi

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GT-Protocol is bringing better investment pool management to DeFi and CeFi

Mar 4

In brief

  • GT-Protocol is a new project that offers better investment pools management and decentralized pools trading.
  • The project managed to increase its community by 125 times in only six months, completely organically.
  • GT-Protocol’s products allow companies and individuals alike to set up smart contract-based pools and raise money from contributors.

The project says that it offers a protocol that allows users to create DeFi smart-contract pools for collecting liquidity from contributors. It also offers tools for liquidity management within DeFi, and the contributors’ funds are transparently managed at all times by the pool owner who uses the smart contract related to a specific pool.

The DeFi sector of the cryptocurrency industry continues to develop as strongly as ever in 2022. New projects continuously emerge, and the money continues to flow into the sector. DeFi did see a notable drop in its total TVL over the past few months, not because the trend is passing, but due to a crypto price drop that always makes a lot of users withdraw their investments in fear of volatility.

However, that is always only a temporary setback, and with every new recovery, the TVL rises back up, and reaches a new ATH. The development, however, is not stopped by the volatility, and new advanced projects are still emerging all the time. One example of this is GT-Protocol, which aims to improve the management of investment pools.

What do you need to know about GT-Protocol

Apart from being fully transparent, GT-Protocol is also decentralized and fully secure, allowing entities, organizations, and even private persons to develop smart contract-based pools. Cooperation between the participating parties — contributors and the pool creators — is based on a profit-sharing model that allows everyone to benefit.

Users, for example, get access to on-chain P&L pools ratings, and they have the ability to join any pool they wish. All they need in order to do so is to set up MetaMask. Meanwhile, the funds are securely protected by the smart contract. Users can still decide to withdraw funds at any time.

GT-Protocol has already launched its products for copy trading and algorithmic trading on centralized exchanges (CEXes). The project also noted that the product’s audience has skyrocketed by 125 times, from 200 to 25,000 registered users in only six months. The real twist, however, comes from the fact that this growth came completely organically, without advertising or other marketing efforts by the platform.

The growth was made purely due to the appreciation of the project and its product by those who discovered it, and then recommended it to other users. The word-of-mouth viral spreading was all it took, indicating two things — that there is great demand for products such as this, and that users are more than satisfied with what GT-Protocol had to offer.

Growth and expansion

GT-Protocol managed to become an official partner of the Binance exchange — the world’s largest exchange by trading volume. This allowed GT-Protocol to expand its available opportunities by using Binance’s technology.

The expansion of its ecosystem, and movement towards decentralization, allowed the project to start working on a DeFi ecosystem, and protocol for decentralized pool management and decentralized pools trading for CeFi and DeFi markets alike.

The project already came up with numerous use cases, including trading pools, pools for savings deposits with guaranteed APY, fundraising pools, pools for VCs, portfolio management pools, yield farming and staking pools, as well as NFT collections pools.

Meanwhile, its ecosystem consists of smart contract-based DeFi pools, DEX social copy trading protocol, CEX copy trading, and improved trading terminal for DEX and CEX, DAO governance, as well as the GTP token — the ecosystem’s key element.