A token backed by hardware we own.
You buy credits to run the models — pay as you go. Separately, the $GM token can be staked for a daily compute allowance while the network operates.
Buy $GM
Get GHOSTMETAL on Base. Choose your amount and swap USDC or ETH for GM through Uniswap.
GM / USDC pool · 0.25% feeEnter an amount to see your estimated GM
Opens Uniswap in a new tab. Review the quote and connect your wallet there.
Credits, $GM and $CMP — three things, cleanly separated
Credits — usage
Plain pay-as-you-go balance for AI: requests, the API, everything. Buy with crypto at 100/$1 or a discounted subscription. Spent per request, never expires. Not a token.
$GM — the network token
The GhostMetal capital asset. 100M genesis supply + a declining, staker-directed emission, offset by revenue buy-and-burn. Hold it, or stake it for a share of emissions and the right to mint $CMP.
$CMP — perpetual compute
Claimed daily by $GM stakers, pro-rata by stake weight. Each $CMP gives a fixed slice of daily inference while the network operates. Refreshes daily (use-or-lose), non-transferable on the MVP. This is the “stake once, compute long-term” path.
Spend
Pay as you consume. Inference draws down your credits per the spend table. Best for light or bursty use — the price is fixed and there’s no lock-up.
- GLM-5.3 output250 /M
- GLM-5.3 input50 /M
- long-context output375 /M
- fast-small model90 /M
Stake $GM → earn $CMP
Stake $GM instead of just holding it. Your stake mints a standing $CMP — your share of the fleet’s daily compute pool, spendable on inference while the network operates; your staked $GM is returned on unstake (7-day cooldown).
- daily draw = your $GM stake ÷ total staked × the compute pool
- declining emission to stakers, offset by revenue buy-and-burn
- $CMP refreshes daily (use-or-lose, 24h) — a compute right, not yield
One $200 pack, two ways
~40 messages/day. Burns ≈330 credits/month.
Buys $GM with the $200 and stakes it instead of spending — minting $CMP that covers ~2,500 credits of inference each month while staked (staked $GM returned on unstake, at target TVL).
The crossover is ~2,500 credits/month of usage: below it you rationally spend credits, above it you rationally stake $GM for $CMP. As more heavy users stake, each share shrinks and the crossover rises — so the economy self-balances instead of everyone staking and starving cashflow.
Why it doesn’t collapse
Capacity governor
The staker pool is capped at ≤35% of sustainable throughput. Total $CMP claims can never exceed real compute — overselling is structurally impossible.
No promised yield
$CMP floats with measured spare capacity and expires in 24h. There’s no fixed APY to break and nothing that reads as a security.
Backed by growth
Add rigs → the pool grows → every staker’s allowance rises, backed by real compute. Emissions decline over time and revenue buy-and-burn offsets them.
Stress-tested against mass-unstake, demand spikes, price crashes and low utilization — stable within the parameter envelope above.
Buy credits
Buy compute, not a subscription.
Start with free trial credits. Early usage earns points toward the $GM airdrop.
Open the terminal