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GEM Web3 Vision
  • 💎GEM Web3 Vision
  • 🔷Phase 1. GEM Hedge Fund
    • GEM Membership Pass NFT
      • NFT utility
      • INO Overview
      • INO Whitelist
  • 🔷Phase 2. GEM STOCKS
    • GEMC Tokenomics
      • Utility
      • veGEM
      • Initial Airdrop
      • Timeline after launch
    • Bribe
      • Token White List
      • Gauge
  • 🔷Phase 3. GEM Dollar
    • GemUSD Tokenomics
      • About conversion
      • GemUSD utility
      • GemUSD additional issuance and profit sharing
  • Roadmap
  • Q&A
  • Links
  • Security
  • Brand asset
  • Disclaimer
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  1. Phase 3. GEM Dollar
  2. GemUSD Tokenomics

About conversion

GemUSD's greatest feature and unlimited possibilities.

GemUSD is always convertible into legal tender or stable coins as determined by GEMFOREX, with a guaranteed redemption rate of $1 per GemUSD.

1 GemUSD = $1.00

Mechanism

The market may drop below 1 GemUSD = $1.00 due to dynamic changes in the buyer-seller balance. In that case, buyers who acquired 1 GemUSD below $1.00 will naturally be under buying pressure to redeem their GemUSD to earn a profit margin, and the market price will return to $1.

This simple feature opens up many possibilities for holding, using, and locking in GemUSD and opens up a whole new and exciting experience for all users.

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Last updated 1 year ago

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