GND Protocol | Yield-Bearing Stablecoin & Farm
  • 🟩GND Protocol Overview
    • GND Protocol
    • How GND works
    • #RealYield Revenue Sources
    • Earning Strategies
    • Launch Details
    • Deflationary Tokens
  • ⚙️OTC Engine
  • 💰gmUSD Working Mechanism
    • What is gmUSD?
    • Yield-Bearing Mechanism
    • PSALM
    • Incentivization
    • Black Hole Liquidity
    • Launch and Market-Making
  • 🌟GND Token
    • Tokenomics
    • Token Sales Details
    • $GND Deflationary Mechanisms
    • Uniswap V3 Liquidity Engine
    • Dynamic Buy Back System
  • 🔥zGND
    • What is zGND?
    • How to utilize zGND?
    • How to mint/redeem zGND?
    • How to mint/redeem zGND?
    • Earning Strategies with zGND:
    • Advantages of zGND
  • 🍥gETH
    • Core Functions
    • Minting and Redeeming
    • Target Collateral Weights
    • Utilities and Yield-Earning Mechanism
    • Oracles and Cross-Chain Interoperability
    • gETH Revenue Model
    • Core Benefits of gETH
  • 💥XGND Token
    • Tokenomics
    • Utilities
    • Burning GND with xGND
    • Voting Mechanism
    • Cash-Back Machine
    • Vesting Options
  • 👩‍🌾GND Farm
    • Introducing GND Farm
    • Available Farming Pairs
    • Launch/Farm Partners
    • Emissions
  • 🔗Protocol Links
    • Dapp
    • Contracts
    • Audits
    • Socials
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  • a. Oracles for minting/redeeming
  • b. Cross-chain minting
  • c. Built-in instant bridging
  1. gETH

Oracles and Cross-Chain Interoperability

PreviousUtilities and Yield-Earning MechanismNextgETH Revenue Model

Last updated 1 year ago

a. Oracles for minting/redeeming

  • Arbitrum Pricefeeds: Chainlink for wstETH and rETH, contract variable for gmdETH, and LayerZero-based oracle for sfrxETH

  • ETH Pricefeed: directly from native contracts

b. Cross-chain minting

Using layer zero tech, we will enable users to mint directly on Ethereum to receive gETH on Arbitrum and vice-versa

As ease of use has been one of the unique selling points of projects on GMD Ecosystem, we will strive to make gETH as accessible to commercial users as possible.

c. Built-in instant bridging

As such, ETH minting will be made easy with a contract that works on Ethereum mainnet, using Layer 0 to instantly bridge gETH to Arbitrum in your wallet. This function is also available for LSD holders on Arbitrum too.

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