Jamie Thomson has just announced a \u201cbig one \/ massive one\u201d \u2013 The Elysium Stablecoin!<\/p>\n

Today, on VulCon 2 at Athens<\/strong>, Vulcan Forged<\/strong> CEO was making some big announcements and called this one a \u201cBig one, massive one\u201d.\u00a0<\/p>\n

The stablecoin is called GST<\/strong> and will be backed by real Gold, Silver, and Platinum<\/strong>. Yes, this is God\u2019s money we\u2019re talking about. After LunaTerra\u2019s fall, there were huge concerns in the crypto community regarding stable coins.\u00a0<\/p>\n

Some would as \u201cThis coin is backed by what?<\/em>\u201d. Well, GSP is backed by real metals. Jamie said, \u201cyou can literally trade it for minerals \u2013 gold, silver, and platinum.\u201d<\/p>\n

\u201cTokenized Gold, Silver, and Platinum combined into one single token\u201d<\/p>\n

\n
• Gold Token \u2013 80%<\/strong><\/li>\n
• Silver Token \u2013 15%<\/strong><\/li>\n
• Platinum Token \u2013 5%<\/strong><\/li>\n<\/ul>\n

  1 GSP will be equivalent and backed by the same amount of grams of gold, silver, and platinum. This way, the coin will be backed by real scarce minerals.<\/p>\n

  It will be validated and protected by the Chainlink<\/strong> Proof-of-Reserve protocol. Vulcan Forged has also claimed that it will be possible for you to exchange your GSP for Gold, Silver, and Platinum and receive the equivalent amount at your home address.<\/p>\n

  ElysiumSwap will offer trading pairs for Gold, Platinum, and Silver.\u00a0<\/p>\n<\/div>\n<\/div>\n

  
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  Jamie Thomson has just announced a \u201cbig one \/ massive one\u201d \u2013 The Elysium Stablecoin! Today, on VulCon 2 at Athens, Vulcan Forged CEO was making some big announcements and called this one a \u201cBig one, massive one\u201d.\u00a0 The stablecoin is called GST and will be backed by real Gold, Silver, and Platinum. Yes, this […]<\/p>\n","protected":false},"author":3,"featured_media":21760,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/egamers.io\/wp-content\/uploads\/2021\/10\/Elysium-blockchain-for-the-metaverses-logo.jpg","fifu_image_alt":"","footnotes":""},"categories":[575],"tags":[],"class_list":["post-21759","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-gaming"],"yoast_head":"\n