AmerG Tokenomics
Token name: AmerG Stablecoin
Ticker Symbol: AmerG
Ethereum Blockchain: 0x3963A62009C56634f9b5F115f8dB17C39D88B633
Binance Smart Chain Blockchain: 0x3963a62009c56634f9b5f115f8db17c39d88b633
Total Supply: The supply of AmerG is not fixed and can increase or decrease.
Ethereum(ERC-20) Vault: 0xAb9a4238a457640E7A9aE62C176b7f587D1bfD0b
wBTC(ERC-20) Vault: 0xE551B113B91cee0b7c8E51c5738Ca4c66014CA81
Audit: SpyWolfNetwork
AmerG is a collateral-supported cryptocurrency that is pegged to the US Dollar. The value of AmerG is maintained by the customer’s ability to pay off their debt and responsibility fee by borrowing AmerG against an asset in a Collateralized Secure Loan (CSL).
The AmerG stable coin system is based on real assets such as Bitcoin (BTC) and Ether (ETH), which are used as collateral for the CSL. This ensures that AmerG is not subject to the extreme volatility seen in cryptocurrencies such as BTC and ETH.
The community consensus is that 1 AmerG is equal to 1 USD, providing stability and predictability for users.
AmerG can be generated on the GwaySBC Platform by anyone who wishes to do so. The generated AmerG can be used for payments, sending to others, or holding as savings. This creates the necessary components for a reliable decentralized margin trading platform.
The GwaySBC Protocol is an Ethereum smart contract platform that facilitates the stability of AmerG value by employing a series of Collateralized Secure Loan Smart Contracts (CSL). This ensures that AmerG is transparent, secure, and not subject to manipulation or deception.
The AmerG stable coin system is designed to stop all speculation, deception, and manipulation. The goal is to create a secure foundation that garners trust from all users, in a fair manner for each individual.
The AmerG stable coin system is an innovative approach to borrowing, paying responsibility fees, and leveraging collateral. It provides users with all the tools they need to make the most of their assets safely and reliably.
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