GOLD - FTM Pegged Token

0xe6F396E45f79A9c3FF85f33724273503a678a8E3

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.

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.