DeFi Intel

Gnosis chain

Chain · PageRank 0.0373

Source: stablecoins.llama.fi

Overview

Gnosis is an EVM-compatible Ethereum sidechain that uses a proof-of-stake consensus mechanism. It was originally developed for prediction markets but now serves as a general-purpose blockchain for decentralized applications and payments with low transaction fees. The network is secured by a set of validators and uses the GNO token for staking and governance.

Within the DeFi Intel graph, Gnosis connects to 47 tracked entities, most strongly to USD Coin, Tether USD, Dai.

Relations

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Top connections in the DeFi Intel knowledge graph (confidence-weighted, 10 of 47 total).

RelationConnected entityConfidence
deployed_onUSD Coin95%
deployed_onTether USD95%
deployed_onDai95%
deployed_oncrvUSD95%
deployed_onBrazilian Digital95%
deployed_onCoW Protocol95%
deployed_onFrankencoin95%
deployed_onMonerium EUR emoney95%
deployed_onCurve DEX90%
deployed_onSushiSwap90%

In-depth guides on Gnosis

Frequently asked questions

What is Gnosis?

Gnosis is an EVM-compatible Ethereum sidechain that uses proof-of-stake consensus. It was originally built for prediction markets but now serves as a general-purpose blockchain for decentralized applications and payments with low transaction fees.

What tokens are deployed on Gnosis?

Stablecoins such as Tether USD, USD Coin, Dai, crvUSD, Brazilian Digital, Frankencoin, and Monerium EUR emoney are deployed on Gnosis, along with the CoW Protocol.

What is the GNO token used for?

The GNO token is used for staking and governance on the Gnosis network.

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