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Gelato Network is a decentralized automation protocol, consisting of smart contracts built on Ethereum and “Executor” infrastructure services that users can leverage for transaction automation.
The Gelato token (GEL) is the central focal point of all relevant stakeholders in the network. The token exists as a utility for the effective incentive alignment amongst all relevant platform participants - developers, their users, and the bot infrastructure-as-a-service providers. Token Holders will be able to signal their support for or opposition to Proposals in the Gelato DAO.
The official Gelato ticker is “GEL” and trades under that name on all the exchanges where it has been listed. The designation “GELATO” is for CryptoCompare.com only.
Try our free Gelato (GELATO) portfolio tracker if you want to efficiently keep track of your GELATO and other coin/token investments.