GAUGECASH is a new monetary decentralized system, empowering users to make stable payments on-chain or store value while hedging against the volatility risks of any single fiat currency.
It is the first decentralized monetary system that can save your money and shield you from a global crisis. You can store your capital in stablecoins pegged to the US dollar, but what if it just keeps losing value? In just the past hundred years there have been dozens of “Non-Domestic Currency Debt Crises” (typically inflationary deleveragings), which caused millions of people to lose their wealth or its transactional value.
This is where the value of GAUGECASH becomes evident. The project was built based on Final Market Making of the Forex Market to solve the problem of volatility. Our token, GAU, represents an index of weighted averages from 35 fiat currencies. The Chainlink-powered GAU/USD Price Feed will ensure that the Gauge Index is priced against USD at fair market value and without possible tampering.
Stay tuned to learn more about GAUGECASH and the GAU token! A great place to begin would be our website.
