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

Yield-Bearing Mechanism

PreviousWhat is gmUSD?NextPSALM

Last updated 1 year ago

a. gmdUSDC:

  • gmdUSDC is GMD protocol’s USDC vault on top of GLP receipt token, which appreciates at about 15–25% APY, as the vault accumulates more USDC.

  • gmdUSDC is currently worth approximately 1.039 $USDC

  • Read more about GMD protocol at https://gmdprotocol.com

b. gDAI:

  • gDAI is the receipt token for gTrade’s DAI vault. gDAI acts as the counterparty against traders on Gains and it accrues trading fees from the platform. Currently, gDAI is appreciating at about 15–25% APY.

  • gDAI is currently worth approximately 1.034 $DAI.

  • Learn more about gDAI at https://gains.trade/

💰
  • a. gmdUSDC:
  • b. gDAI: