Description
ChrysusDAO presents $CHAU Gold pegged stabil coin CHAU/USDT (Digital Gold). CHAU is a de-facto over collateralised stabil coin pegged to the price of gold with a Decentralised pegging mechanism a hybrid between the solutions developed by Maker (MKR) and Synthetix (SYN). It borrows the best aspect from both systems where it has a lot lower collateral requirement than Synthetix and better reward structure for opening of positions compared to Maker DAO.
It also includes Non-inflationary stability mechanisms for the recapitalization of the system and 1:1 profit with the actual tracked asset. GOV is the DAO Utility token and Holders of GOV earn reflections from CHAU trading fees ( USDT and ETH ), tying rewards to the stablecoin’s ecosystem activity.
Market Rank
In the dynamic and ever-changing landscape of cryptocurrencies, GOV has established itself as a formidable player. It is currently ranked #5,517 in the cryptocurrency market based on its market cap. This ranking reflects the trust and confidence that the market has in GOV as a viable digital asset.
Tokenomics
The tokenomics of GOV consist of a total supply of 140,000,000 tokens, out of which 137,199,737 tokens are currently in circulation. Understanding the tokenomics is crucial for potential investors, as it sheds light on the token's distribution and availability, which can directly impact its value and demand in the market.
Wallet Support
In order to securely store your GOV tokens, you can use a variety of wallets such as MetaMask, Trust Wallet, MyEtherWallet, Ledger, Trezor. These wallets provide a safe environment for managing and storing your digital assets. It's essential to select a wallet that supports the specific cryptocurrency and offers a high level of security, user-friendliness, and compatibility with your preferred devices.
Popular Exchanges
To buy, sell, or trade GOV, you can use various popular exchanges such as ArkenSwap. These platforms offer a seamless experience and allow you to manage your investments in GOV with ease. Always remember to conduct thorough research before choosing an exchange, as the security and reliability of the platform are crucial for your digitalassets.
