USDG Issuance and Management

USDG in the Arca Chain network is a gold-backed stablecoin designed to provide users with a stable and reliable store of value. Managed automatically through smart contracts, USDG not only provides users with a secure method for receiving dividends but also plays an important role in the decentralized finance (DeFi) ecosystem.

Below is an outline of the issuance management, dividend mechanism, and application methods of USDG in DeFi.

The issuance of USDG is strictly based on the gold reserves within the Arca Chain network, ensuring that each unit of USDG is backed by an equivalent amount of physical gold. This mechanism allows USDG to maintain the stability of its value and provides users with a secure means of storing value during market fluctuations.

  • Issuance Mechanism: The issuance of USDG is automatically executed through smart contracts, dynamically adjusting the issuance volume based on the increase or decrease in the actual gold reserves in the network. This ensures that the supply of USDG matches the gold reserves, thereby maintaining the stability of its value. Users can view the circulation volume of USDG and the corresponding gold reserves at any time through the platform to ensure transparency.

  • Management and Circulation: The management of USDG strictly adheres to the principles of transparency and security. All processes of USDG issuance, circulation, and burning are recorded on the blockchain and are publicly accessible, ensuring that users trust USDG. The platform also provides auditing functions, allowing users to query the circulation records of USDG and the changes in gold reserves at any time.

Last updated