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May 16, 2023 ā€¢ 11 tweets ā€¢ 6 min read
@GNDProtocol is a project that gives its investors #RealYield

In 3 weeks from launching on #Arbitrum they have amassed 31M in TVL

And their $GND token is up 6x from launch

But how exactly does it all work? šŸ§µšŸ‘‡ Image At the core of the protocol sits $gmUSD an algorithmic yield-bearing stablecoin

gmUSD is fully backed by $gmdUSDC and $gDAI from #Arbitrum heavyweights @GMDprotocol and @GainsNetwork_io

And is expected to produce 15-25% APY

šŸ‘‡ Image