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Gains Network USDCgusdc
gusdc $1.10

Created 2 months ago by

'.$entity->createdBy->name.' SystemAPi admin

Updated 2 months ago by

'.$entity->createdBy->name.' SystemAPi admin

Contracts/Blockchains

0xd3443ee1e91af28e5fb858fbd0d72a63ba8046e0

Official links

Category

Arbitrum Ecosystem

Market-cap$-

Volume$202,787

GUSDC | Gains Network USDC Crypto Research

Private Research

Live price

$1.10

Market Cap

-

All-time low

$1.05

All-time high

$1.14

Volume (24h)

$202,787

Total supply

-

Circulating supply

-
Learn more about gusdc

🌟A New Frontier Awaits!🌟

You've found a project where contributions are yet to be made. Your insights can lead the way!

gUSDC is one of the gains network's gToken vault assets . gToken vaults follow ERC-4626, a standard API for tokenized yield-bearing vaults that represent shares of a single underlying ERC-20 asset. For each vault, gToken shares represent the underlying token asset (I.e. gUSDC => USDC). Vaults serve as a counterparty to all trades made on the gTrade platform: When traders win (positive PnL), their winnings are received from the vault. When traders lose (negative PnL), their losses are sent to the vault. In exchange, the vault receives a portion of trading fees. These fees are proportionally split among gToken shares, incentivizing stakers to stay in the vault. The vault that earns fees, pays profits, receives losses, is determined by the collateral of each trade.
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