> For the complete documentation index, see [llms.txt](https://midas-finance.gitbook.io/midas/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://midas-finance.gitbook.io/midas/tokens/gold-ftm-pegged-token.md).

# GOLD - FTM Pegged Token

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0xe6F396E45f79A9c3FF85f33724273503a678a8E3
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**GOLD** is designed to be used as a stable coin for things such as exchange, lending, borrowing etc. These tokens may be converted into LP which may be farmed in the farm for a high apr. 

The protocol's algorithm aims to maintain GOLD's peg of 1:1 GOLD:FTM in the long run.

### **“What will happen when circulating supply = Total supply? Will emissions stop?”**

Yes. Once the max supply of $SGOLD is reached, emissions stop. $SGOLD will always print $GOLD in the Boardroom, though, as long as $GOLD is above peg.

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Note that GOLD **actively pegs via an algorithm**, it **does not mean** it will be valued at 1 GOLD: 1 FTM at all times as it is not collateralized. Midas is not to be confused for a crypto or fiat-backed stablecoin.
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