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

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.

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Last updated 2 years ago

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