GameStop: GME DeFi - next generation asset tokenization

?Website: https://gme-defi.com/

?Wiki: https://gme-defi.com/wiki
?TG: GME_DEFI

Wall Street is a giant casino deeply integrated with the real world economy, which is not the case for DeFi.

There needs to be more protocols building bridges between DeFi and the real world,

in order to fully fulfill Defi’s potential of massive adoption.

✅GME is an adaptive token to anchor a dynamic stock price.

At the close of each Nasdaq trading day, the GME protocol adjusts

the token supply to target the closing price of GameStop stock that day,

linking the token with the stock price.

- GME is oracle-verified

- algorithmically backed

- DAO governed.

The mirrored assets are continuously, unbreakably pegged 1:1 to their real-world equivalents

and can be handled and traded like any normal ERC20 token.

Trading stocks on Uniswap and other decentralized exchanges become a reality.

✅Rebase:

At the closing of each Nasdaq trading day, when the price of GME tokens is higher than the price of GameStop stock,

the number of tokens held by everyone will automatically increase by the same percentage of the price gap between GME token and GME stock;

or else, when the price of GME tokens is lower than the price of GameStop stock,

the number of tokens held by everyone will automatically decrease in the same proportion.

GME token - stock simulation.

You don't own real stocks.

GME-DeFi.com is not responsible for any potential loss.

submitted by /u/kadimahaq
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Originally from Litecoin https://ift.tt/3pAbP0m

source https://www.icocalendar.today/litecoin-ltc-community/gamestop-gme-defi-next-generation-asset-tokenization