Launch and Market-Making

gmUSD will be minted with gDAI and gmdUSDC by GMD protocol and a few of our launch partners to initiate market making for gmUSD- gDAI and gmUSD — gmdUSDC pair.

Approximately 250,000 gmUSD will be minted with this method to bootstrap initial liquidity.

To acquire gmUSD, users will have to buy it on market using gDAI or gmdUSDC, likely at a little premium after LP fees and price slippage.