DescriptionGoku Money is a decentralized borrowing protocol on Manta that allows you to draw interest-free loans against multiple collateral assets (e.g. MANTA, TIA, USDT, and etc.). Loans are paid out in GAI (a USD pegged stablecoin).
Category:crypto-backed
Minting and RedemptionUsing the Goku Money app, users mint GAI by depositing an accepted collateral asset into a vault. When the loan is repaid to retrieve the collateral, the paid back GAI is burned.
GAI Stablecoin (GAI)