GoGoPool
About
GoGoPool is a permissionless liquid-staking and validation protocol on Avalanche. Users can deposit AVAX to receive stAVAX (originally ggAVAX), a liquid staking token that accrues value from Avalanche validation rewards and MEV strategies, while node operators ("Minipool Operators") can launch full Avalanche validator nodes with only 1,100 AVAX — 1,000 from matched liquid-staker deposits plus 100 of their own AVAX collateralised in GGP tokens. The protocol also supports Avalanche Subnets (Layer 1s) by giving them a cheap, permissionless way to recruit validators.
Where Does Yield Come From?
GoGoPool earns yield by pooling money from two types of participants — liquid stakers and node operators — who together fund full validators on Avalanche's main network (the Primary Network).
How liquid stakers earn yield
You deposit AVAX into GoGoPool's shared pool and receive stAVAX, a token that grows in value over time. Your deposited AVAX is matched 1-to-1 with an operator's own funds to create a 2,000-AVAX validator node (a "minipool"). stAVAX's value increases from two main sources:
- Base Validation Yield — the standard staking rewards Avalanche pays out to validators, measured in 15-day cycles.
- MEV Yield — extra rewards from the latest 14-day cycle, coming from strategies that capture value from transaction ordering (Maximal Extractable Value).
There is no protocol fee. Two small costs are subtracted: a delegation fee (aimed at 0% when using internal minipools, or a 2% minimum if outside delegators are involved), and a minor opportunity cost from AVAX sitting idle in the pool.
You can also put stAVAX to work in external DeFi apps — like Balancer V2, Uniswap V3, Yield Yak, Wombat Exchange, or DeltaPrime — for extra yield on top.
How node operators earn yield
Operators put up 1,000 AVAX of their own money plus a minimum of 10% of that amount in GGP tokens (up to 150%) as insurance collateral. They then receive another 1,000 AVAX from the deposit pool to launch a full validator node. Their earnings include:
- Native validation rewards on both the operator's and the staker's share of AVAX.
- An operating fee for running the hardware.
- Monthly GGP token rewards — taken from a pool of 15% of the total GGP supply. These rewards are split: 70% goes to operators, 10% to the OracleDAO, and 20% to the ProtocolDAO Treasury. The more GGP you stake, the larger your share of these rewards.
- Additional rewards for validating Avalanche Subnets (Layer 1 blockchains).
How GGP acts as insurance
If an operator has very low uptime and causes the protocol to lose rewards, affected stakers are compensated using the operator's staked GGP tokens.
Governance
The ProtocolDAO (a community-governed body) controls how rewards are split, adjusts protocol settings, and decides on future token inflation (starting at 0% for 4 years, with the DAO able to add 2–5% later).
Persons
Steven Gates
Co-founder
LinkedInJohnny Gault
Co-founder
Will dos Santos
Creative Director
Audits
| Audit / Date | Findings | Verdict |
|---|---|---|
Quantstamp21-07-2025 - 31-07-2025 |
| The audit identified one high-severity pricing/dilution issue and nine lower-severity concerns, all of which were fixed or acknowledged in the fix-review, making the Hypha liquid staking upgrade safe for deployment under the stated trust assumptions (honest trusted roles and upgradeable contracts following audited processes). |
Code4rena10-02-2023 - 15-02-2023 |
| This page is a mitigation contest description, not a completed audit report — no severity counts or audit conclusions are available for extraction. |
Zellic14-11-2022 - 29-11-2022 |
| The four high-severity findings were resolved or mitigated before or shortly after the audit, and the remaining medium and low risks were either fixed or accepted with compensating controls (off-chain watchers, multisig governance), meaning the protocol's core invariants around staking, minipool management, and rewards distribution are adequately secured for its stated threat model. |
Kudelski Security25-08-2022 - 09-09-2022 |
| The audit identified one critical-class High finding (ECDSA signature forgery) which was remediated, along with four Medium issues mostly fixed; the remaining acknowledged items are mitigated by the application layer, making the library safe for use with proper integration-level session management and authenticated communication. |
Backers
GoGoPool raised a $5 million seed funding round. According to the company page ("Our Story" timeline), the founding team (Steven Gates and Johnny Gault) met in Barcelona at the first Avalanche Summit in 2021, after which "seed funding was achieved to the tune of $5 million dollars." The following investors are listed as investing partners on both the homepage and company page: Coinfund, Framework, FinTech Collective, Silverstone Ventures, Republic Capital, Avalaunch, Builder Capital, GBV Capital, Alpha Crypto, Flow Traders, and Taureon Capital. No later funding rounds (Series A, etc.) are disclosed on the official site.
Legal
Legal form
Corporation (Inc.)
Registration jurisdiction
Cayman Islands
Status and notes
The operating entity is Multisig Labs, Inc. (also referred to as MultiSig Labs), as shown in the footer "© Multisig Labs, Inc." The Terms of Use (published at /terms, last updated October 15, 2024) specify governing law and exclusive jurisdiction as the Cayman Islands, and all disputes are to be resolved by binding arbitration in the Cayman Islands. Founders are Steven Gates and Johnny Gault. Contact email: [email protected]. LinkedIn company page: Multisig Labs.
