# Gross Merchandise Value (GMV)

**Gross Merchandise Value (GMV)** refers to the total transaction volume processed through the OVERTAKE platform over a defined period, typically measured in USD.

It serves as the foundational metric that drives all token-economic mechanisms, including platform revenue, treasury accumulation demand, and reward allocation.

**Formal Definition**: Let T be the set of all successful trades on the platform within a given time window. Then,

**GMV = Σ (Price\_t × Quantity\_t)**

where:

* *Price\_t* is the USD price per unit in trade *t*
* *Quantity\_t* is the number of units exchanged in trade *t*

**Scope of Inclusion:**

* Game item sales
* Account transfers
* In-game currency trades
* Package or bundled transactions\\

**Scope of Exclusion:**

* Failed or canceled transactions
* Internal token transfers not tied to a marketplace exchange

**Strategic Role of GMV:**

1. **Fee Base:** Platform revenue is calculated as a fixed percentage of GMV.
2. **Treasury Accumulation Driver:** A portion of collected fees is allocated to the Treasury Management Fund (TMF), directly linking GMV to $TAKE demand.
3. **Reward Anchor:** Agent incentives are distributed based on the GMV impact of their activity.

By establishing a deterministic link between user behavior and GMV, and between GMV and token demand, the OVERTAKE platform ensures that the $TAKE token value is grounded in real economic throughput.
