Review AmerG

 

AmerG Stablecoin System Overview:

Bitcoin (BTC) and Ether (ETH), two of the world's most widely used digital assets, are too volatile to use as day-to-day currencies. Bitcoin can experience drastic changes in value in a 24-hour period – even jumping up to 300% in one month, or even dropping 25% in a day. Such extreme fluctuations make cryptocurrencies unsuitable for use outside investment purposes.

Crypto doesn't fail. People fail. All existing StableCoin systems are in one way or another centralized. We have seen Crypto-Backed Stablecoins, Algorithmic Stablecoins and Fiat-Backed Stablecoins can be manipulated at some point, all lies are exposed to the surface and the truth comes out no matter how hard they try to hide it. And in this case, any project based on lies, promises and trust will fail and no matter how big the project is, it will fail and that's it.

AmerG is based only on real assets (BTC, ETH for now) and a strong belief in the community. AmerG is a collateral-backed cryptocurrency meant to maintain consistency in its value relative to the US Dollar. We firmly believe that a digital asset like AmerG is needed to maximize the potential of blockchain technology. This is a unique way to financial stability and health. The future of Cryptocurrency is AmerG. AmerG is pegged to a customer's ability to pay off debt and liability charges by borrowing AmerG against assets under Secured Collateral Loans (CSL), also to community consensus of 1 AmerG = 1 USD.

Overview of the GwaySBC Protocol:

GwaySBC - A New Protocol Based on Strong Beliefs in the Community! Here you never find anything like manipulation, speculation, liquidation or non-proof of reserve assets.

The GwaySBC Protocol is an Ethereum smart contract platform that facilitates the stability of AmerG's value by using a suite of Secured Collateral Loan Smart Contracts or what we have innovated as Secured Collateral Loan (CSL) Smart Contracts.

The GwaySBC Protocol is revolutionizing the world of Ethereum assets by letting anyone earn AmerG on the GwaySBC Platform. This generated AmerG can then be used like any other cryptocurrency - to make payments, send it to others, or store it as savings. What's even more exciting is that AmerG also creates the necessary components for a reliable decentralized margin trading platform.

GwaySBC Key Features:

CSL - Guaranteed Secure Loan Smart Contract

With your collateral assets you can access the GwaySBC Platform and earn AmerG. With the help of GwaySBC's exclusive smart contract known as Collateralized Secure Loans (CSL). Generating AmerG is efficient on this platform with loan parcels added to it. This loan effectively locks up the collateral assets held in CSL until later covered by repaying an equivalent amount or a portion of AmerG.

At this point, the owner can return:

Refinance their collateral from 120% to 500%.

Replacing the AmerG loan.

Pay the Accumulated Responsibility fee.

Assets:

If you have collateral items, the GwaySBC Protocol can help you leverage them to create and receive AmerG. We provide a system of full transparency and will ensure that each of your assets is invested into the blockchain in a verifiable manner. Your assets will be safely stored in our smart contracts - even when not in use For security reasons After a 3 month cycle, all assets will be transferred to a cold wallet.

Harness your assets safely to build AmerG's stability. This innovative approach maintains balance by entrusting the user with paying back their monthly level of Responsibility fee for borrowed AmerG, otherwise the protocol will proportionally reduce its assets depending on how much debt is outstanding.

External Key Features:

Transparency:

Using the GwaySBC Protocol smart contract and transparent open source protocol, we are able to provide full visibility on all transactions. We ensure that your assets are never lost or misused in any way.

Security:

Our platform uses advanced anti-fraud technology to keep user data and collateral safe. All information is stored in the blockchain which cannot be manipulated, cannot be hacked and cannot be changed.

Tokenomics:

Token Name : AmerG Stablecoin

Ticker symbol : AmerG

Ethereum Blockchain : 0x3963A62009C56634f9b5F115f8dB17C39D88B633

Binance Smart Chain Blockchain : 0x3963a62009c56634f9b5f115f8db17c39d88b633

Total Supply : AmerG supply is not fixed and can increase or decrease.

Ethereum Warehouse(ERC-20) : 0xAb9a4238a457640E7A9aE62C176b7f587D1bfD0b

wBTC(ERC-20) Warehouse : 0xE551B113B91cee0b7c8E51c5738Ca4c66014CA81

AmerG is a collateral-backed cryptocurrency pegged to the US Dollar. AmerG's value is maintained by its customers' ability to pay off their debts and responsibilities by borrowing from AmerG against assets under a Collateralized Secure Loan (CSL).

The AmerG stable coin system is based on real assets such as Bitcoin (BTC) and Ether (ETH), which are used as collateral for CSL. This ensures that AmerG is not subject to the extreme volatility seen in cryptocurrencies such as BTC and ETH.

The community consensus is that 1 AmerG is equal to 1 USD, providing stability and predictability for users.

AmerG can be created on the GwaySBC Platform by anyone who wishes to do so. The AmerG generated can be used for payments, sending to others, or saving as savings. It creates the necessary components for a reliable decentralized margin trading platform.

The GwaySBC protocol is an Ethereum smart contract platform that facilitates AmerG's value stability by using a suite of Collateral Secured Loans (CSL) Smart Contracts. This ensures that AmerG is transparent, secure and not subject to manipulation or fraud.

The AmerG stable coin system is designed to stop all speculation, fraud and manipulation. The goal is to create a secure foundation that earns the trust of all users, in a way that is fair to every individual.

The AmerG stable coin system is an innovative approach to borrowing, paying liability fees and utilizing collateral. It provides users with all the tools they need to safely and reliably maximize their assets.

Conclusion:

The GwaySBC protocol with the AmerG token is an innovative approach to borrowing, paying Liability fees, and leveraging collateral providing users with all the tools they need to safely and reliably maximize their assets. The platform values transparency and security so it is necessary to create an approach that is in line with public trust.

We designed this method to stop all speculation, fraud and manipulation. Let's go back to Bitcoin's original purpose on the day it was created. It is important to integrate AmerG into our life so that we don't have to spend energy or time converting crypto to fiat; otherwise, only the big players in the industry will benefit from fluctuations in value.

Driven by the vision of the GwaySBC Protocol, we are creating a state-of-the-art way to revolutionize DeFi. Our mission is to create a secure foundation that earns the trust of all users, in a way that is fair to every individual.

For more information, please visit the link below:

Website: https://gwaysbc.app/

White paper : https://gwaysbc.app/whitepaper

Roadmap: https://gwaysbc.app/roadmap

Telegram : https://t.me/GwaySBC_Channel_Official

Twitter : https://twitter.com/GwaySbc

DEXTools : https://www.dextools.io/app/en/ether/pair-explorer/0xa4aca6750a7060c19cbb5149f9ae2abfda15c348

Author:

Username: satrunx12

Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2804234

Your ETH address: 0xD4b7EdE77B389025b0edB1f6aebFbe0395D6e578