Ultimate Guide To Guru Network For Community Users
This guide explains the Guru Network ecosystem, including its purpose, user roles, features, and mechanics. It also offers resources like FAQs and tutorials to help users navigate the platform
Rewards
How Does Guru Network Incentivization Work?
Guru Network incentivization revolves around rewarding meaningful participation within the ecosystem. By engaging in activities such as completing quests, using applications, and participating in governance, users can earn rewards like GURU tokens or Points. The rewards system is backed by the Ecosystem Chest, ensuring sustainable and dynamic allocation over time, with weekly updates and new quests to keep the community engaged.
Please read more details in the recent proposals:
Is there an Airdrop?
Guru Network does not conduct traditional airdrops. Instead, users receive initial sign-up rewards when they join the mainnet. These rewards are designed to kickstart participation and recognize contributions made during the testnet phase. Early adopters and NFT holders receive significantly higher rewards due to multipliers from their holdings.
How can I check if I'm eligible for the airdrop?
Every user that has any Guru Network NFT is eligible for initial sign-up rewards and ongoing quest rewards. Depending on your activity and the types of NFTs you hold, the reward may vary. Early adopters receive higher rewards for their contributions.
How to participate in the mainnet?
Users will soon be able to switch networks directly within the Guru Network app and other Guru ecosystem apps. This feature, currently under development, will enable seamless participation in mainnet activities. Stay tuned for updates on its availability.
How Initial Mainnet Sign Up Reward is Calculated?
[NOTE: this is a current proposal, it might be adjusted based on the community and Core Contributors feedback] Users who possess any Season Pass, Themed collection (Spooky Guru) or Guru DAO NFT will be able to switch to mainnet in apps. Upon sign up, eligible users will be able to receive Mainnet Sign Up Reward (Initial Reward). The amount of reward is depended on the following factors:
Type of NFT possessed
Governance activity
Accumulated Balance in apps on testnet (e.g. Burns in Burning Meme, tGuru in Guru Network app, etc)
App specific rewards
Sign Up Reward is calculated by the following formula:
Sign Up Reward = Base Sign Up Reward * Pass Multiplicator + Governance Participation Reward + Accumulated Testnet points across apps * Conversion Rate + App Specific Rewards
Where,
Base Sign Up Reward - fixed amount of 250 $GURU for claim that is available to all Guru Network NFT collection holders.
Pass Multiplicator - Each type of Guru NFT provides a multiplicator that increases the amount of the reward. Season Passes 1 and 2 have multiplicator 2, Themed collections and Guru DAO NFT have multiplicator 1. If users have more than one type of NFT in their wallet, multiplicators are combined. The number of each type of NFT does not increase the multiplicator. Example: user has 1 Season Pass #1, 2 Season Pass #2 and 1 Guru DAO NFT. Total multiplicator is: 2 for Season Pass #1 + 2 for Season Pass #2 and + 1 for Guru DAO NFT, total is 5. Maximum multiplicator is 6 (2 + 2 from Season Passes collections + 1 from Themed Collection and + 1 Guru NFT DAO) if a user has at least 1 NFT from all available Guru NFT collections.
Governance Participation Reward - Users that are participated in Guru Network Snapshot voting, get additional reward 200 $GURU
Accumulated Testnet points across apps * Conversion Rate - Points that were accumulated during testnet (tGURU, Burns, etc) are combined and converted into $GURU based on TVL ratio between mainnet and testnet conversion rate. We are still working on calculating the exact economics behind it.
App Specific Rewards - applications within the ecosystem may provide additional rewards based on the app-specific criteria.
Core Contributors may adjust the sign Up bonus calculation formula.
Sign Up Reward will be transferred to the user’s operational wallet. Tokens in this wallet will be available across all applications within the Guru Ecosystem.
Users can redeem a Sign Up Reward by one wallet per Telegram account.
The rewards will be allocated from the Ecosystem Chest, which is filled up from the Season 1-5 pool (Airdrop Community pool).
According to tokenomics, tokens have linear vesting over 1.5 years. Each period a part of the pool will be unlocked and transferred to the Ecosystem Chest to be used for community incentivization.
What Type of Rewards Are There?
Guru Network offers two main types of rewards:
GURU Tokens: The native currency of the ecosystem, used for staking, governance, and accessing premium features
Points: Earned through PointsNet (testnet) activities, these can be converted to GURU under specific conditions.
What Are Rewards?
Rewards vary depending on the activities and quests completed:
GURU Tokens: Main rewards type. Distributed for mainnet quests, governance participation, and ecosystem engagement.
Points: Issued for testnet activities and experimentation. Points provide a low-risk way to familiarize yourself with the Guru Network.
App-Specific Rewards: Some apps may offer unique incentives tied to their usage, like NFT minting bonuses.
Where Do Tokens for the Rewards Come From?
The rewards are sourced from the Ecosystem Chest, an on-chain treasury funded by 20% of the total GURU token supply. Tokens are gradually unlocked over 1.5 years to ensure consistent incentivization and ecosystem sustainability.
How Often Do New Quests and Rewards Allocations Appear?
New quests and reward allocations are introduced weekly, coinciding with the weekly reward cycles (epochs). This ensures a steady flow of engagement opportunities and dynamic incentivization.
I’m an Early Adopter, Participated in Governance—What Will I Get?
Early adopters who participated in governance will receive extra initial Mainnet sign up rewards:
Reward Multipliers: Holding Season Pass NFTs (e.g., Season Pass 1 or 2) grants multipliers of up to 2x on rewards.
Governance Participation Bonus: Users who participated in governance votes receive an additional reward of 200 GURU tokens.
Recognition of Testnet Contributions: Points accumulated during testnet activities will be converted to GURU tokens based on TVL linked conversion rates.
Also early adopters will get higher rewards for completing ongoing quests and activities within ecosystem apps.
By combining these factors, early adopters can expect higher initial rewards and long-term
benefits within the ecosystem.
How Can I Use My Rewards?
Rewards earned in the Guru Network ecosystem serve as a versatile tool for enhancing user engagement and unlocking ecosystem features. Here’s how you can utilize your GURU tokens and other rewards:
Staking
Lock your GURU tokens in the staking mechanism to earn additional rewards over time.
Staking contributes to network sustainability while offering passive income for participants.
Minting NFTs
Use your GURU tokens to mint unique NFTs, such as Guru DAO NFTs, which provide governance rights and reward multipliers.
NFTs can also unlock premium features across ecosystem apps.
Accessing Premium Features
Guru-powered applications will offer advanced functionalities, such as AI-driven insights or exclusive trading tools, accessible with GURU tokens. Currently you can use rewards for meme voting through Burning Meme app. More features (such launching memecoins) and apps are under development, so the list is going to be expanded soon.
Premium features enhance user experience and provide additional value within the network.
How to Boost Rewards?
You can increase your rewards by:
Owning multiple types of NFTs (Season Passes, Evergreen NFTs).
Participating actively in governance.
Completing weekly quests
Will there be a Season 3?
Yes, Season 3 is planned and will include new features and enhanced rewards. Stay tuned for official announcements.
Guru Network NFTs
Why Do I Need Guru DAO NFT or Season Pass NFTs?
Here's a breakdown of why you need them:
Grants eligibility to participate in weekly distributions from the Seasons Chest.
Provides voting power in the DAO, allowing you to participate in governance and shape the future of the Guru Network.
Provides access to premium features within ecosystem apps. Each app may have different features, but owning the NFT grants the complete experience, unlocking access to the most of the apps can offer.
How Can I Get a Guru NFT?
There are a few ways to get your hands on Guru NFTs:
Redeem Points for a Guru DAO NFT (+250 Guru Reward🔥) You can redeem them for a Guru DAO NFT for 1,000 points. To redeem an NFT complete a “Points generation of DAO NFT Collection” quest in Guru Ecosystem apps. Once you generate your NFT, you can claim a reward of 250 GURU on Mainnet, which will go to your operational wallet. Please refer to this post if you have any difficulties.
Mint a Guru DAO NFT You can mint a Guru DAO NFT for 400 Guru (Base network). The minting is accessible on the Quest page of Guru Network apps. You can mint the NFT to your external wallet or to an operational one. Please refer to this post if you have any difficulties.
Purchase on Opensea You can purchase Guru Season Pass #1, Guru Season Pass #2, and Spooky Guru NFTs on Opensea:
What’s the Difference Between NFTs?
NFT
Description
How to Get
Voting Power
Rewards
Guru Season Pass 1
Issued in 2022 for early adopters and users of DexGuru
Purchase on Opensea
1 Vote for each NFT
High Multiplier
Guru Season Pass 2
Issued in 2024 for early adopters and users of Guru Network
Purchase on Opensea
Spooky Guru NFT
Limited time NFT collection
Purchase on Opensea
Regular Multiplier
Guru DAO NFT
Evergreen NFT
Redeem for points or mint for GURU tokens
Purchase on Opensea
Each NFT provides 1 vote in DAO governance. The total voting power is the sum of all NFTs held in a wallet.
No matter which method you choose, owning a Guru NFT grants you access to governance, access to rewards, and opportunities to actively participate in shaping the future of the Guru Network.
How to Vote on Snapshot Using Your Guru NFTs
Connect Your Wallet to Snapshot
Visit the Guru Network’s Snapshot page and connect your wallet containing the Guru NFTs.
Verify Your Voting Power
Your voting power is determined by the number and type of NFTs you hold. Each NFT grants a one vote in voting power, and they sum up to your total voting power. The combined total of these NFTs determines the weight of your vote. For example:
You have 0 Guru Season Pass #1, 1 Guru Season Pass #2, 1 Spooky Guru NFT contributes and 3 Guru DAO NFT. You total voting power is (0 + 1 + 1 +3) = 5 votes.
Select the Proposal to Vote On
Browse through the list of active proposals and select the one you want to vote on.
Cast Your Vote
Follow the instructions to cast your vote. Your voting power will be automatically calculated based on the NFTs in your wallet.
By voting, you help shape the future and direction of the Guru Network. Every vote counts, so make sure to stay informed and participate actively!
Does it Make Sense to Get More NFT?
In the Guru Network, owning more NFTs can unlock several advantages:
Voting Power: Each NFT grants you voting power in the Guru DAO, increasing your influence in network governance. Each NFT you own gives you 1 vote during the Snapshot voting. Currently, voting happens on Snapshot with an external wallet. We have plans to integrate voting within ecosystem apps, enabling voting with your operational wallet (ETA 2025).
Rewards: You gain additional rewards for each type of NFT you own. While having multiple NFTs of the same type doesn't increase the reward multiplier, owning different types does stack the multipliers. Rewards for different quests and types of NFTs may vary.
However, it's important to consider the initial investment required to acquire multiple NFTs and the potential risks associated with the fluctuating value of NFTs. Also, note that reward multipliers don't stack for multiple NFTs of the same type.
How to Share Generated NFT Art on Twitter?
Once you mint your NFT in Guru ecosystem apps, open the NFT task on the Quests page in the Guru Network app. There, you will find ready-to-share links for platforms like Twitter. Simply click the link, customize the text if desired, and share your NFT art effortlessly. You can use it to share your NFT on X(Twitter) and Telegram. Also you can view your NFT on OpenSea.
GuruNetwork Tokenomics
What is Guru Network Tokenomics?
The Guru Network tokenomics are designed to support its multi-chain orchestration and AI-driven ecosystem. The $GURU token serves as the network's utility token, facilitating transactions, governance, and staking while supporting AI-based business process automation. It operates alongside Chainlink's $LINK token, ensuring secure cross-chain interoperability and reliable data feeds. With a total supply of 1 billion tokens, 20% is reserved for ecosystem incentivization, gradually unlocked over 1.5 years to reward network participants. To dive deeper into Guru Network's tokenomics, please read the following:
GURU Token Token Sale - LBP Details
What is the Guru Token?
The Guru Token ($GURU) serves as the backbone of the Guru Network’s economy. It is a multi-utility token designed to drive governance, incentivization, and ecosystem interaction.
Key Features
Utility: Used for staking, governance voting, minting NFTs, and accessing premium features within the ecosystem.
Dual Deployment: $GURU exists on both Ethereum and Base networks to ensure flexibility and scalability.
Contract Information
Ethereum Network 0x525574C899A7c877a11865339e57376092168258
Base Network 0x0f1cFD0Bb452DB90a3bFC0848349463010419AB2
How Can I Get $GURU Tokens?
You can get the
Complete ecosystem-wide or app-specific quests
Get as a reward for participation in governance
What is the tGURU Token?
The tGURU token (or points) is the testnet version of the $GURU token, specifically designed for users to safely explore Guru Network ecosystem features without financial risk. It enables activities such as minting NFTs, and testing new app functionalities on PointsNet. This allows users to gain experience and engage with the ecosystem before transitioning to mainnet interactions.
What is the $GURU Unlock Schedule?
Token Circulation Per Category By Percentage:
TGE and Locks date: May 28, 2024
Locks partner: UNCX
Locks details: View Locks
What is an Operational Wallet?
In the Guru Network ecosystem, an Operational Wallet (or Internal Wallet) is a special type of wallet linked to your Telegram account. This wallet is designed to hold and manage the rewards you earn through various activities within the Guru Network.
Operational wallet is accessible in the app by clicking on the top bar icon in the left-top corner:
Here are some key features of the Operational Wallet:
Centralized Reward Management: All rewards are deposited directly into this wallet.
Ecosystem-Wide Access: Tokens can be used across all applications within the ecosystem.
Linked to Telegram: Each Telegram account has a single Operational Wallet, simplifying management
Operational wallets are linked to Telegram accounts. If access is lost, users can initiate recovery via the Guru Network support portal with proof of ownership.
The Operational Wallet simplifies the process of managing your rewards and provides a convenient way to access and utilize your GURU tokens across the entire Guru Network ecosystem.
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