What is the project about?
gmUSD is an algorithmic stablecoin fully backed by gDAI and gmdUSDC.
The supply of gmUSD can be managed by the protocol minting and redeeming as a part of the Protocol Smart Arbitrage Leverage Mechanism (PSALM).
Backed by yield-bearing assets, gmUSD is also a yield-bearing stablecoin, appreciating in value at an average rate of 15–25% annually.
What makes your project unique?
Yield-Bearing Mechanism
The Protocol Smart Arbitrage Leveraging Mechanism (PSALM)
Incentivization
Black Hole Liquidity
History of your project.
What’s next for your project?
What can your token be used for?
What is the highest value gmUSD (GMUSD) has ever reached?
gmUSD (GMUSD) reached its peak price at 7.5 $ on 08 December 2023, approximately 2 years ago ago. Presently, the current price is -98.13% lower than this all-time high.
What is the historical minimum price for gmUSD (GMUSD)?
The minimum price reached for gmUSD (GMUSD) was 0.139 $, documented on 28 November 2024, more than 10 months ago. In comparison, the current price is 0.31%, it above this historical low.
What is the fully diluted valuation of gmUSD (GMUSD)?
The fully diluted valuation (FDV) of gmUSD (GMUSD) stands at $ 1,825.66. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of GMUSD tokens. The realization of this FDV might take several years depending on the emission schedule of GMUSD tokens.