TOKENS

1. GEM TOKEN

CONTRACT:

GEM token is designed to be used as a medium of exchange. The built-in stability mechanism in the protocol aims to maintain GEM'S peg to 4000:1 ETH.

2.$GSHARE

CONTRACT

GEM SHARE ($GSHARE) is one of the ways to measure the value of the GEMSTONE finance protocol and shareholder trust in its ability to maintain $GEM close to peg. During epoch expansion the protocol mints GEM and distributes them proportionally to all $GSHARE holders who have staked their tokens in the Boardroom.

$GSHARE holders have voting rights (governance) on proposals to improve the protocol and future use cases within the GEMSTONE FINANCE ecosystem.

$GSHARE has a maximum total supply of 70001 tokens distributed as follows:

1. DAO allocation:

2. Team allocation:

3. Rewards:

4. Initial mint: 1 GSHARE minted upon contract creation for initial pool

3. GBOND

CONTRACT :

GEMBONDSs (GBONDS) main job is to help incentivize changes in GEM supply during an epoch contraction period. When the TWAP (Time Weighted Average Price) of GEM falls below 4000:1ETH, GBOND is issued and can be bought with GEM at the current price.

Exchanging GEM for GBOND burns GEM tokens, taking them out of circulation (deflation) and helping to get the price back up to 1 ETH. These GBONDS can be redeemed for GEM when the price is above peg in the future, plus an extra incentive for the longer they are held above peg. This amounts to inflation and sell pressure for GEM when it is above the peg, helping to push it back toward 1 ETH.

All holders are able to redeem their GBONDS for GEM tokens as long as the Treasury has a positive GEM balance, which typically happens when the protocol is in epoch expansion periods.