Gaur.Money
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Please note that none of this is financial advice. You should do your due diligence to become an informed investor by doing your own research, coming to your own conclusions, and taking note of the risks and responsibilities associated with participating in gaur.money
The team is available in Gaur.Money Discord. Please make sure to reach out if your questions are not answered here.

# Why Gaur.Money?

Why have a token that’s pegged to the price of $ETH (on a 1000:1 ratio) when you could just use$ETH itself instead?
Thats a great question. Before we dive into what $GAUR could mean for you as an investor, let’s break down the potential impact of$GAUR long-term success on the Cronos ecosystem as a whole.
ETH is one of the most popular non-native asset on Cronos, and Gaur increases liquidity of ETH while providing high yield with reduced risks on top of the security of ETH.

## “So Gaur will solve Cronos liquidity issues? I don't fully understand what that means or its implications.”

You may have read that by pegging to $ETH,$GAUR hopes to become a highly liquid, mirrored asset. What does this actually mean though?
As an example, say ETH is the world's main medium of exchange. Everything is measured in terms of ETH, whether that's your weekly salary, the price of food or a computer. And you need ETH to buy literal gas to get to the market, or to the computer store.
Now imagine if nobody wanted to use their ETH, and preferred instead to keep them stored in their wallets. Since the value of everything gravitates in relation to ETH, there would need to be something out there that is "interchangeable" with ETH, so that even if all the ETH in the world were kept in wallets, people could continue to transact freely.
Knowing that whatever they received would be able to be traded in for ETH at whatever point in time they so desired. That's what $GAUR hopes to become for$ETH in 1000:1 ratio, meaning that 1000 GAUR would equal 1 ETH.

# Getting Started

## 1. “Generally speaking, what's the easiest flow to follow for compounding rewards?”

The following is NOT FINANCIAL ADVICE. It is for education and entertainment purposes only.
There are countless strategies, and which one you choose depends on your risk tolerance and short, medium, and long-term goals. That being said, the "plug-and-play" method is detailed below. Also, take some profits along the way. Don't get too greedy.
If $GAUR is OVER the peg: -Buy$GAUR and pair it with $ETH to provide liquidity, and stake your GAUR-ETH LP tokens in the farm to earn$GSHARE rewards. -Take your $GSHARE rewards and stake them in the Boardroom to earn inflationary$GAUR rewards. -Sell half of your earned $GAUR for$ETH, and compound it back into the GAUR-ETH LP. -Profit!

## 4. "APR is much higher in the Boardroom than in the Farm for GAUR-ETH LP. Why would I not just invest everything there?"

The Farm APR is linear and prints 24/7, regardless of GAUR's relation to the peg. Boardroom, on the other hand, prints only when GAUR's TWAP is above 1.01. Therefore, it may not always happen that an investor gets a higher return from the Boardroom than from the GAUR-ETH pool. Because $GAUR follows the price of$ETH, the GAUR-ETH LP is akin to holding $ETH in your wallet, except with the bonus of a high farming APR on top of it. In other words, if you're bullish on$ETH's price action, the GAUR-ETH LP is a way of holding exposure to that single asset while also reaping high APRs.

## 1. "What is an expansionary epoch?"

An expansionary epoch is the amount of $GAUR that is printed by$GSHARE in order to increase the total circulating supply.
To simplify the explanation with a hypothetical example, let’s say an epoch is 3 days long and there are $100 dollars in the circulating supply. If the money printer grows the supply by 10% of the existing circulating supply each day, at the end of the 3 days you'd have 100*1.1*1.1*1.1 =$133.
Then, let’s say the emissions decrease to 5% per day.
You’d then have $133*1.05*1.05*1.05 =$153 at the end of this second epoch.

## 2. “What is compounding in the context of Gaur.Money?”

Earning a return on gains you've already made from previous periods is what is commonly referred to as compounding.
For example, consider a 3% daily APR on an initial investment of $100. After 24 hours it would grow to$103.
After 365 days without compounding: $1195. After 365 days, compounding once daily:$4,848,272.

# Boardroom

## 2. “What happens if I interact with the Boardroom in any way?”

Any interaction with the Boardroom will reset both timers. That's 3 epochs (18 hours) to withdraw your GAUR rewards, and 6 epochs to unstake your GSHARE (36 hours).

## 3. “Are the Boardroom rewards pro-rated by time? i.e If I stake three hours before the end of an epoch vs five hours before the end of an epoch, do I get different rewards?”

No, it's determined by how much you have staked at the time of printing (i.e. end of one epoch and start of the other). It doesn't matter if you stake 3 hours before or 30 seconds before the emissions occur.

## 4. "If I remove my $GSHARE from Boardroom without first collecting my$GAUR, will it be lost forever?"

No, it will still be there to collect whenever you need.

There is a balanced state "at peg" when $GAUR's TWAP is between 1.00 and 1.01, and this means there is neither contraction nor inflation. ## 8. "If GAUR continues climbing above the price of the peg, will that influence how long the debt epoch lasts?" Depending on the price of GAUR, the Boardroom print will have to adjust to provide a buffer for any unclaimed GBOND. As the price of GAUR climbs above the peg, more GAUR needs to be distributed to the treasury to account for GBOND bonus redemption. # Farm ## 1. “What will happen when circulating supply = Total supply? Will emissions stop?" Yes. Once the max supply of$GSHARE (70,001) is reached, emissions stop. This is going to be in a little less than a year from the time of writing this. $GSHARE will always print$GAUR in the Boardroom, though, as long as $GAUR is above peg. ## 2. “Why is ‘at-peg’ (TWAP between 1.00 and 1.01) the best time to provide liquidity?” When$GAUR is pegged or close to being pegged to $ETH, it is more akin to having exposure to a single asset (single staking) than to your traditional LP'ing experience, where you would run the risk of impermanent loss if one of the tokens went up in value and the other did not. ## 3. "Wait, you mean that if$ETH pumps, $GAUR pumps with it?" Yes! Let's take an example: If$ETH pumps in price, it won't 'outrun' $GAUR The APR will vary in terms of its USD value, but emissions won’t. This is something that wouldn't be possible with another 1:1 pegged asset like a stable coin LP position, where the USD value is directly tied to the emissions. If$ETH rises in USD value, $GAUR goes with it. Same if$ETH falls in USD value, $GAUR will be worth less inUSD, but it won’t affect the peg. The only thing that can change the price of$GAUR in terms of its $ETH value is buying and selling it. # Gaur.Money Vaults ## 1.“How do vaults work?” Staking either$GAUR/$ETH or$GSHARE/$CRO LPs in vaults rewards you with more of the same LP (liquidity pool) tokens that you have deposited. Vaults deposit your LP tokens in the same yield farms that are available to everyone on Gaur.Money, and then, every set amount of minutes, they harvest the$GSHARE that you’ve earned, sell a portion of it, and use the proceeds to mint more LP tokens on MMF, before finally depositing those LP tokens back into the Gaur.Money pools, growing your allocation.
Users can actually do this themselves if they prefer not to pay fees; it’s simply a service offered as a time-saver for those that don’t want to avoid the hassle of going through the whole process several times a day every day.
Note on the tokenomics of compounding: Both the $GSHARE/$CRO LP and the $GAUR/$ETH LP pools yield rewards in $GSHARE: If you’re in the$GSHARE/$CRO pool, 50% of your$GSHARE rewards are sold for $CRO each time you decide to compound. If you’re in the$GAUR/$ETH pool, 100% of your rewards are sold and used to purchase half$GAUR and half $ETH each time. Unlike the GAUR/ETH vault, the GSHARE/CRO vault does not put any buy pressure on$GAUR.

# Calculating Rewards

## 2. "What is the formula to calculate the redemption bonus for $GBOND?" To encourage redemption of$GBOND for $GAUR when$GAUR's TWAP > 1.1, and in order to incentivize users to redeem at a higher price, $GBOND redemption will be more profitable with a higher$GAUR TWAP value. The $GBOND to$GAUR ratio will be 1:R, where R can be calculated in the formula as shown below:
$R=1+[(GAURtwapprice)-1)*coeff)]$
$coeff = 0.7$

There is a balanced state "at peg" when $GAUR's TWAP is between 1.00 and 1.01, and this means there is neither contraction nor inflation. ## 4. "When can I swap$GBOND back to $GAUR?" You can swap it back again when the following two criteria are met: 1.$GAUR TWAP is above peg and
2. There is enough in the Treasury to cover the redemption.

## 6. "Please, ELI5. Why do people keep saying $GBOND is a longer-term investment?" Say for example that you buy 1000$GBOND and $GAUR price is$2,5 per token which results in $2500. Then, say the market turns super bullish and$ETH goes back to $4000 and$GAUR pushes up to $5. You could redeem your$GBOND at that point for 1100 $GAUR, which would be worth$5500.
That's a 3000$profit compared to 2500$ without bonding.

## 7. "When can I redeem $GBOND for a bonus?" GBOND TWAP (time-weighted average price) is based on GAUR price TWAP from the previous epoch as it ends. This mean that GAUR TWAP is real-time and GBOND TWAP is not. In other words, you can redeem GBOND for a bonus when the previous epoch's TWAP > 1.1. # Concerns ## "Why can't I swap$GAUR for another token on MMF?"

Here are a couple of troubleshooting tips. -Try swapping $GAUR ->$CRO or $ETH directly. -Remove decimals so that you're trading a round number of$GAUR. -Refresh the page and try again. -Restart your browser and try again. -Switch to a different RPC URL and try again.