• Galaxy Finance

  • Galaxy pegs GLX to GLMR through seigniorage
Galaxy Finance - Galaxy pegs GLX to GLMR through seigniorage

Galaxy is the first tomb fork on MOONBEAM. The protocol's underlying mechanism dynamically adjusts $GLX’s supply, pushing its price up or down relative to the price of $GLMR.

Inspired by the original idea behind Basis as well as its predecessors (bDollar and soup), Galaxy is a multi-token protocol which consists of the following three tokens:
-Galaxy ($GLX)
-Galaxy Shares ($GSHARE)
-Galaxy Bonds ($GBOND)

Status: Live

Author

Athena Money Team

Software license

GNU General Public License v3.0

Last updated: Feb 4th, 2022
Submitted: Feb 4th, 2022

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