Gaur.Money
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Tokens

GAUR - Gaur Token

0x046cb616d7a52173e4Da9efF1BFd590550aa3228
GAUR token is designed to be used as a medium of exchange. The built-in stability mechanism in the protocol aims to maintain Gaur's peg to 1 Ether (ETH) on a 1000:1 ratio in the long run.
Note that GAUR actively pegs via the algorithm, it does not mean it will be valued at 1 ETH at all times as it is not collaterized. GAUR is not to be confused for a crypto or fiat-backed stablecoin.

GSHARE - Gaur Shares

0x66ec6E9F61ac288f5BA661CD9a2dBe3aBf9871C9
Gaur Shares (GSHARE) are one of the ways to measure the value of the GAUR Protocol and shareholders trust in its ability to maintain GAUR close to peg. During epoch expansions the protocol mints GAUR and distributes it proportionally to all GSHARE holders who have staked their tokens in the Boardroom.
GSHARE holders have voting rights (governance) on proposals to improve the protocol and future use cases within the Gaur Money ecosystem.
GSHARE has a maximum total supply of 70001 tokens distributed as follows:
  1. 1.
    DAO Allocation: 5500 GSHARE vested linearly over 12 months
  2. 2.
    Team Allocation: 2900 GSHARE vested linearly over 12 months
  3. 3.
    Remaining 59500 GSHARE are allocated for incentivizing Liquidity Providers in two pools for 12 months
  4. 4.
    One (1) GSHARE minted to create LP
3% of the entire GSHARE supply (2100 tokens) are allocated to eligible users of the compensation plan of GAUR v1. These are vested throughout 12 months.

GBOND - Gaur Bonds

0x33f07f72BF7293556c55e40B524866723AAD45ad
Gaur Bonds (GBOND) main job is to help incentivize changes in GAUR supply during an epoch contraction period. When the TWAP (Time Weighted Average Price) of GAUR falls below 1 ETH, GBONDs are issued and can be bought with GAUR at the current price. Exchanging GAUR for GBOND burns GAUR tokens, taking them out of circulation (deflation) and helping to get the price back up to 1 ETH. These GBOND can be redeemed for GAUR when the price is above peg in the future, plus an extra incentive for the longer they are held above peg. This amounts to inflation and sell pressure for GAUR when it is above peg, helping to push it back toward 1 ETH.
Contrary to early algorithmic protocols, GBONDs do not have expiration dates.
All holders are able to redeem their GBOND for GAUR tokens as long as the Treasury has a positive GAUR balance, which typically happens when the protocol is in epoch expansion periods.