ProtocolGIGA Machine

GIGA Machine

The GIGA Machine is a protocol-owned veGIGA position: 200M GIGA, 20% of supply, locked at genesis. It converts protocol revenue into locked GIGA on an ongoing basis.

How It Works

  1. The Machine’s veGIGA position earns protocol revenue like any other staked position.
  2. Those rewards are used to buy GIGA on the open market.
  3. The purchased GIGA is locked back into the Machine’s position.

Effects

  • A share of all protocol revenue is continuously converted into GIGA buying.
  • Tokens bought by the Machine are locked and not resold, reducing circulating float over time.
  • As the position grows, its share of protocol revenue grows with it.

The process is automatic. There are no discretionary buybacks and no treasury decisions involved.

veGIGAGIGA Protect (MEV)