- What is the project aboutGMCash is an algorithmic token protocol that operates on Arbitrum,making it the first algotoken with an Insurance Fund that uses collateral with a real asset. - This innovative solution is designed to adjust the stablecoin’s supply deterministically,which moves the price of the stablecoin towards a target price,bringing programmability and interoperability to #DeFi .What makes your project uniqueTreasury redemption coming soon: GMC holders can stake their GMC to receive gGMC,which is the GMCash Governance token. - This token will allow users to manage the #DAO Treasury and gain governance rights. - GMC holders can use their tokens to vote on any proposals made by GMCash or redeem gGMC to receive assets from the Treasury. - The surrender value of gGMC tokens will be calculated based on the circulating supply of gGMC tokens and will be fixed at the beginning of every epoch. - Furthermore,all surrendered gGMC tokens will be burned.Using RealYield rewards: we plan to launch a perpetual #DEX to collect fees and utilize those fees to maintain the peg.History of your project.Launch date: Apr 3,2023Genesis Pool start rewards: Apr 5,2023 at 7: 00 UTCWhat’s next for your project Boardroom print Treasury redemption NFT stakingWhat can your token be used for Trade to $GMX add Liquidity to farm GSHARE More utilities in the future.
Summary of the coin GMCash
highest price statistics: 85.69 $USD
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