GemUSD Tokenomics

Overview of GemUSD

Name：GemUSD Ticker：GemUSD Chain：Polygon Decimal：18 Contract：In prepration Maximum supply volume：100,000,000 (*1) Initial Issue Volume：3,000,000

*1 There is room for supply to change in the future.

Breakdown of initial issuance volume

• Token sale: 2,500,000

  • GEMFOREX User: 1,000,000

  • Launchpad: 1,000,000

  • VC: 500,000

• GEM hedge fund: 300,000

• Liquidity supply: 200,000

Special feature

• Convertibility:

  $1 per GemUSD redemption rate is secured; the GEM hedge fund always holds a redemption reserve for redemption (except for locked GemUSD, which is locked). (Locked GemUSD will be put into fund management).

• Risk control:

  The ability to redeem tokens limits volatility and facilitates risk control compared to tokens that have no monetary backing.

• Circulation as a stable currency:

  Due to the above features, there are expectations that GemUSD will be listed on exchanges and adopted as a pegged currency compared to general tokens.

Burn mechanism

When GemUSD is redeemed, GemUSD is burned. This ensures that the amount of GemUSD in circulation and the redemption reserve are always in balance.