GMUSD Price
Contracts/Explorers:
Arbitrum
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.
GND Protocol USD's current price is $ 0.177, it has increased +9.8% over the past 24 hours.
GND Protocol USD's All Time High (ATH) of $ 1.35 was reached on 6 Feb 2024, and is currently -86.9% down.
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