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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  1. gETH

Utilities and Yield-Earning Mechanism

PreviousTarget Collateral WeightsNextOracles and Cross-Chain Interoperability

Last updated 1 year ago

The intrinsic value of gETH will be equal to 1 ETH, while sgETH value will increase in comparison to ETH (ie. 1 sgETH = 1.25425 ETH)

To earn yield, gETH holders can:

  • Stake their gETH and receive sgETH to earn a part of the LSD yield (similar to frxETH and sfrxETH, where gETH value is pegged to 1 ETH, while sgETH value will be yield-bearing. For example, after 1 year of 10% APR, sgETH will be worth 1.1 ETH)

  • Farm gETH LP pairs, which will be incentivized with xGND and GND on GND protocol.

  • Collateralize to mint yield-bearing stablecoins on partnered Liquity forks

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