# gKimbo - Kimbo College

Graduated Kimbo (gKimbo) is a vault token backed 100% by $KIMBO.

gKimbo is a continually appreciating token. This means that you can always claim for the same amount of $Kimbo you staked or potentially more (minus fees). 

<mark style="color:blue;">**Note:**</mark> gKimbo is priced in $Kimbo tokens it is not priced in usd or a fiat currency, the usd value of gKimbo will fluctuate based on the market rates of $Kimbo but the ratio of gKimbo to $Kimbo only has the potential to go up.

When you deposit $Kimbo into the Kimbo College contract you will get gKimbo in return. The deposited $Kimbo remains in the contract (minus fees). gKimbo represents your share of the $Kimbo tokens in the contract. Therefore, you can *<mark style="color:blue;">**always**</mark>* withdraw your original amount of $Kimbo (minus fees) and potentially more (this will be further discussed in [Fees](https://docs.kimbocollege.com/graduated-kimbo/minting-redeeming-transfers-and-fees)).

Since gKimbo is an [ERC4626 ](https://eips.ethereum.org/EIPS/eip-4626)contract it is also 100% compatible with all ERC20 functionality. This means it can be traded on DEXes, staked, held in other vaults, and anything that the $Kimbo community cooks up!