Defending the Peg. ======================.
21 Jan 2022, 03:00
📉Defending the Peg
======================
If GAUR losses it’s peg and the Time Weighted Average (TWAP) is below 1… You can help the protocol and profit on the way. Here's how
When Supply goes down ⬇️ - Price goes up ⬆️
When Demand goes up ⬆️ - Price goes up ⬆️
Options
1) Buy GAUR with ETH
GAUR Demand ⬆️ - GAUR price ⬆️
2) Break GAUR-ETH LP tokens and use ETH to buy GAUR at a discount
GAUR Demand ⬆️ - GAUR price ⬆️
3) Sell GSHARE for GAUR
GAUR Demand ⬆️ - GAUR price ⬆️
4) Use GAUR from options 1, 2 or 3 to buy GBONDs after each Epoch (1 epoch = 6 hours)
Missed the Bonds? Just hold GAUR for the next Epoch
GAUR Supply ⬇️ - from exchanging GAUR for GBOND
5) If possible, unstake and sell GSHARE from the boardroom to buy GAUR at a discount and exchange for GBONDS
This would be if options 1-4 aren't possible for you
GAUR Demand ⬆️ - GAUR supply ⬇️ from burning GAUR for GBOND
6) Remove part of your GSHARE-CRO LP tokens, break, swap to ETH, buy GAUR at a discount and exchange for GBONDS
This should be tried if options 1-5 aren't possible for you. If TWAP is close to peg you may want to hold and wait for Boardroom to print
GAUR Demand ⬆️ - GAUR Supply ⬇️ from burning GAUR for GBOND
NOTES:
⚠️ GBONDS are issued after every Epoch in a below Peg environment (GAUR TWAP below 1)
⚠️ GBDONDs can ONLY be redeemed once GAUR is above peg
⚠️ None of this is Financial Advice, simply strategies that one may consider when weighing the options available
For additional information you can view our FAQ
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