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. gmUSD Working Mechanism

Incentivization

First of all, outside of its stablecoin mechanisms, gmUSD is fundamentaly a yield-bearing token that appreciates 15–25% a year. This yield alone creates a natural demand for the token.

To expand gmUSD and increase volume further for PSALM to generate revenue, we will incentivize gmUSD liquidity pools and increase demand by integrating it to multiple defi/dex protocols on Arbitrum.

The main incentives of gmUSD will be through step 2 of our product: GND Uniswap v3 liquidity engine and farm.

GND will help incentivize Uniswap v3 concentrated liquidity through its LP wrapper contract and LP farm. More info on this will be released over the next few weeks.

In the meantime, we are going to bribe solidly forks on Arbitrum and create some short-term esGMD and GNS farms as partnered with GMD protocol and Gains Network.

With additional incentives for gDAI — gmUSD and gmdUSDC — gmUSD liquidity pairs, users can now earn more on top of the 15–25% APY provided by these stables.

This will increase the initial demand to kickstart the supply of gmUSD before we get to the launch of the core functions of the product.

Lending protocols, vaults, LP pairings with native projects will be also on the roadmap to increase gmUSD’s utility.

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Last updated 2 years ago

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