GARD RELEASES V2 MAINNET PROTOCOL ON ALGORAND

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Algorithmic stable coin Gard has launched their V2.

GARD: “v2 carves out a niche in the now more established Algorand DeFi ecosystem & establishes itself as the decentralized monetary system for Algorand.”

V2 Updates:

1. Switch to an APR model instead of a flat fee model
2. GARD will now accept wrapped ALGOs & other liquid assets for collateral
3. Stake GARD & earn a share of protocol revenue
4. Liquidating users will be fairer whilst protecting the GARD peg.

Borderless Capital announced they added 10M $GALGO to mint $GARD.

This article is a tradable NFT written on Algorand blockchain. Blog on blockchain with Tokenblogs.

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