What is the purpose of creating the Gaugecash Index System?

GAUGECASH
Dec 7, 2021

The GAUGECASH Index System was created with the purpose of generating a crypto asset that factors in and retains value amidst the cyclic nature of traditional economic systems. These systems invariably lead to boom bust cycles that have plagued population’s around the world time and time again.

The GAUGECASH Index system helps create a powerful financial tool that is not tied to these traditional systems of value but at the same time factors them into the protocol. This feature insulates the asset from regulatory pressures that some of the currently available stable crypto currencies are facing today. Additionally it was also designed to inherit monetary policy and take into account several possible scenarios such as hyperinflation cycles, in which the index automatically converges to a more stable price, protecting the value of the asset.

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