Secure the e-Money Network by staking Next Generation Money (NGM) token.
Join our staking ecosystem.
Multiple currency-backed stablecoins, each using a dynamic peg that tracks the underlying interest rate.
Total supply of each stablecoin is continuously inflated. The rate is variable and set per stablecoin, currently 0.5% per year.
The increased supply for each stablecoin is used to buy back NGM tokens in the market (DEX) against each stablecoin. Purchased NGM tokens are burned.
Centralised fee model for a great user experience. Transactions gets committed immediately.
Both the NGM and all stablecoin can be used to pay transaction fees.
Payment transactions incur a fee of EUR 0.01 equivalent.
Placing orders on the limit order book (DEX) incur a fee of EUR 0.01 equivalent.
There are currently no execution fees on the DEX but these could be introduced at a later time.
A single staking token (NGM) is used to secure the e-Money network by staking it with one or more validators.
The total supply of NGM is continuously inflated. The inflation rate is currently 10% per year.
The inflated tokens are distributed pro-rata as staking rewards to accounts who staked tokens. *
NGM supply increases with inflation for staking rewards and is reduced by buyback and burning.
The NGM token must be staked to receive any rewards.
Staking rewards are paid to secure the e-Money network. Not staking results in getting diluted.
Transaction fees grows with adoption of the e-Money network for payments and trading.
Stablecoin rewards grows with the adoption (AUM) of e-Money stablecoins.
Stablecoin adoption can happen both inside the e-Money network and outside, includes all zones in the Cosmos ecosystem and planned bridges to Ethereum, Avalanche and Polkadot.
Secure the e-Money Network by staking Next Generation Money (NGM) token.
Join our staking ecosystem.