Gard.Money Algorand’s First Algorithmic Stablecoin
Question #55 of Algorand bounties
GARD is the world's first algorithmic stablecoin on Algorand's blockchain. Let’s look at the collateral debt positions(CDP) users are taking on. This is where users put ALGOs up as collateral and in turn get GARD(Asset ID 684649988) in return. Gard is a stable coin pegged to $1 in value.
Chart how much GARD has been minted by day
Chart how many wallets mint GARD each day.
-How much has Gard.Money generated in ALGO fees? Show the fees accumulation over time. -What is the total amount of ALGO collateral currently backing the GARD?
(*) Amount of Gard.Money generated in ALGO fees
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(*)Charting the fees accumulation over time
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(*)Calculating the total amount of ALGO collateral currently backing the GARD
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(*) Charting the wallets mint GARD each day
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(*) Charting the amount of GARD has been minted by day
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