GURU Network: Multi Chain AI Compute Layer
  • Overview
  • ▶️Getting Started
    • Using Mainnet
    • Wallet Configuration
    • Using DApps
    • Technical Architecture of Guru Network
    • Ultimate Guide To Guru Network For Community Users
  • 🫡Utility
    • Fees
    • Bridges
    • Block Explorers
    • Indexer
  • 👩‍💻Development
    • Contract Deployment
    • NFT APIs
    • Account Abstraction
    • Contracts
    • Running Node
  • 🔗Links
    • Guru Network
    • How to buy $GURU
    • Web & social media
    • Official NFT Collections
    • Docs and DYOR
    • Open Source
  • 🎯Purpose and Vision
    • 🔗Atomic Franchise Mechanism
    • 👥Participation
    • 💰Rewards and Incentives
  • 💡Guru Network
    • 🎛️Guru Network ChainLink integration
      • 📄Guru Season 2 Pass And ChainLink Functions Case
    • 💲Guru Token
    • 🌐Web3 Infrastructure
    • 🌆Web2 and Off-Chain Infrastructure
    • ⛓️Multi Chain Interoperability Layer (CCIP)
    • 👩‍🔬Subsquid & Guru Network Data Partnership
    • Smart Contracts
  • 🪄Flow Orchestrator
  • 🚀BBPA Engines
  • 📋Tasklist
  • 💫Shared Event Bus
  • 🤖Individual Agents
  • 🧰Framework
    • ⚙️Setup and Configuration
    • 📚Data Warehouse API
    • 👾Block Explorer
    • ⚡Indexer
      • ⏯️Run the Indexer
      • 🔛Environment Variables
      • 🐇Parallel Indexing using RabbitMQ
    • 🔄Swap
    • 🏪Warehouse
      • 🏁Getting Started
  • 🧑‍🤝‍🧑Ecosystem and Community
  • 📜Governance and Stakeholder Engagement
  • 🗺️Q1&Q2 2024 Roadmap
  • 📄Terms Of Sale
  • 📕Glossary
  • 📖Reference Documentation
  • 🏆Contests
    • 🧑‍🎨Guru NFT Art Contest - CONTEST IS OVER
    • 😺Guru Meme Mania
    • 🧙‍♂️Guru Network Grand Riddle Hunt
  • 🖇️Our Links
  • 🧘‍♂️Guru Network Mainnet Launch Documentation
    • Network Information
    • Token Contracts
  • ⏯️Using Guru
Powered by GitBook
On this page
  • GURU Token
  • Overview
  • Smart Contract Mechanisms
  • Key Roles and Rights
  • Multisig Wallet Setup
  • Contract Deployment
  • GitHub Repository
  • Conclusion
  1. Guru Network

Guru Token

The $GURU token is a central element of the Guru Network, providing a secure and flexible mechanism for rewarding contributors, managing the token supply, and ensuring the integrity of the ecosystem.

PreviousGuru Season 2 Pass And ChainLink Functions CaseNextWeb3 Infrastructure

Last updated 11 months ago

GURU Token

The GURU token is the native utility token of the Guru Network, designed to facilitate various activities within the ecosystem, reward contributors, and manage the supply through secure mechanisms. This document provides an overview of the GURU token's mechanisms, rights, and pointers to deployed addresses.

Overview

  • Token Name: GURU Token

  • Symbol: GURU

  • Decimals: 18

  • Total Supply: 1,000,000,000 GURU

  • Deployed Address:

  • Chain: Ethereum (Mainnet, ChainId 1)

Smart Contract Mechanisms

Minting

  • Initial Supply: The contract mints a total supply of 1 billion GURU tokens at deployment.

  • Minting Functionality: There is no additional minting functionality; the total supply is fixed at 1 billion tokens.

Burning

  • Burning Capability: The contract does not include a burning mechanism. The total supply remains constant.

Pausing and Unpausing

  • Pausing Transfers: The owner has the capability to pause all token transfers in case of a security threat.

  • Unpausing Transfers: The owner can also unpause the transfers, resuming normal operations.

Ownership

  • Owner: The _guruSafe address is set as the owner of the contract. This address has special administrative rights to manage the token, such as pausing and unpausing transfers.

Key Roles and Rights

_guruSafe Address

  • Initial Recipient: Receives the entire initial supply of 1 billion GURU tokens upon deployment.

  • Ownership Rights: As the owner, _guruSafe has the ability to:

    • Pause and unpause token transfers.

    • Manage the circulating supply through transfers.

  • Security Considerations: It is recommended to use a multisig wallet for _guruSafe to enhance security and prevent unauthorized actions.

Multisig Wallet Setup

To ensure the security and integrity of the GURU token management, the _guruSafe address should be a multisig wallet. This setup requires multiple approvals for any administrative action, reducing the risk of a single point of failure.

Recommended Multisig Configuration

  1. Use a Platform: Gnosis Safe is recommended for setting up the multisig wallet.

  2. Number of Signatories: A 2-of-3 or 3-of-5 configuration is suggested for balance between security and operational efficiency.

  3. Signatories: Trusted individuals or entities within the Guru Network.

Multisig Wallet Capabilities

  • Managing Circulating Supply: The multisig wallet can manage the circulating supply by transferring tokens to and from various addresses.

  • Pausing and Unpausing: The multisig wallet can pause and unpause token transfers for security purposes.

Contract Deployment

  • Deployment Address: The GURU token contract is deployed at the following Ethereum mainnet address:

Initial Distribution

Upon deployment, the entire supply of GURU tokens is transferred to the _guruSafe address. Subsequent distributions, such as allocations to liquidity pools or vesting contracts, are managed by the _guruSafe address.

GitHub Repository

Conclusion

The GURU token is a central element of the Guru Network, providing a secure and flexible mechanism for rewarding contributors, managing the token supply, and ensuring the integrity of the ecosystem. By leveraging robust security practices, such as using a multisig wallet for the _guruSafe address, the Guru Network ensures that the GURU token remains a reliable and valuable asset for its community.

For more details, including the source code and development updates, visit the .

For more details and real-time information, you can view the GURU token contract on .

💡
💲
0x525574c899a7c877a11865339e57376092168258
0x525574c899a7c877a11865339e57376092168258
GURU Token GitHub Repository
Etherscan