GAI Stablecoin(GAI)
Market Cap$14,298
Price$1
Total Circulating14,299
Stablecoin Information
Goku Money is a decentralized borrowing protocol on Manta that allows you to draw interest-free loans against multiple collateral assets (e.g. MANTA, TIA, USDT, and etc.). Loans are paid out in GAI (a USD pegged stablecoin).
Category:crypto-backed
Minting and Redemption
Using the Goku Money app, users mint GAI by depositing an accepted collateral asset into a vault. When the loan is repaid to retrieve the collateral, the paid back GAI is burned.
Audits:No
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0 | 0% | 0% | 0% | 14,299 |