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About OWL
OWL (OWL) is a cryptocurrency that operates on the Gnosis Chain, one of the first Ethereum sidechains. It maintains its values by allowing contributors worldwide to easily run a node, resulting in over 120,000 validators securing the chain. With a diverse validator set and community governance, Gnosis Chain maintains a credible neutral position at a lower price than the mainnet. The chain is EVM-based and offers trustless bridges to the Ethereum mainnet. Gnosis Chain provides familiar tooling and is secured by at-home stakers globally.
Gnosis Chain is a community-owned and anti-fragile network prioritizing resilience and credible neutrality. Its geographically diverse set of validators ensures security, and the network incentivizes validators from underrepresented countries through the Gnosis Validator Incentive Program. With over 120,000 validators, Gnosis Chain offers a yield of 14-16% and requires a cost of $111.65 to start staking. As a DAO, Gnosis encourages community participation in decision-making, allowing anyone to have a say in the development of the network. The staking token of Gnosis is GNO, which also serves as the governance token for the GnosisDAO.
Gnosis Chain hosts various decentralized applications (DApps) that leverage its infrastructure. These include Dark Forest, a decentralized real-time strategy game built with zkSNARK technology; Azuro, a decentralized betting protocol; Circles, a blockchain-based universal basic income system; and Giveth, a blockchain funding platform for public goods. These DApps showcase the capabilities and potential of the Gnosis Chain ecosystem. Joining Gnosis offers the opportunity to be part of building the infrastructure for the open internet, with a team-leading the web3 movement and embracing the principles of inclusivity and neutrality.
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