Gluon-Based Gold Stablecoins on Ergo
Gluon is a novel stabilization protocol inspired by nuclear physics, offering reliable stability or exposure to volatility based on your needs. Have digital Gold on-chain, backed by ERG, without the risks and inconveniences of physical gold.
Protect your Wealth from Market Volatility with $GAU
Convert your ERG into GAU, ERG’s stable tokeon. Every GAU is pegged to 1 gram of Gold.
Leverage Volatility and Get Yield with $GAUC
Convert your ERG into GAUC, ERG’s volatile tokeon. Every GAUC gives leveraged exposure to ERG and protocol fees
Gluon Mechanics
As an atomic nucleus is comprised of protons and neutrons, ERG is seen by Gluon as comprised of volatile tokeons (GAUC) and stable tokeons (GAU). By interacting with Gluon's reactor, users can perform the following fundamental actions inspired by nuclear reactions:
Fission
Splits $ERG tokens into $GAU stable tokeons and $GAUC volatile tokeons
Fusion
Merges $GAU stable tokeons and $GAUC volatile tokeons into $ERG tokens
BetaDecay of GAUC
Transmutes $GAUC volatile tokeons into $GAU stable tokeons
BetaDecay of GAU
Transmutes $GAU stable tokeons into $GAUC volatile tokeons