@alozie · Oct 28, 2023, 14:05
The gDAI Vault provides trading liquidity to gTrade, on-chain leveraged trading platform developed by Gains Network.
It serves as the counterparty to all trades made on gTrade:
When traders win, their profits are received from the vault.
When traders lose, their losses are sent to the vault.
In return, the vault receives a percentage of fees paid by those trading on gTrade.
As long as fees earned are greater than trader's profit and loss payouts, the vault earns a positive return.