Zeitgeist is a specialized issuer of flat coins that offers a fixed exchange value, supporting the GEM ecosystem by providing stability linked to inflation in the volatile cryptocurrency market, thus helping to preserve the value of one's assets.
One of the main advantages of Flat Coin is its ability to maintain stability in proportion to the value of inflation, even amidst market turmoil. Zeitgeist maximizes this advantage by offsetting market seigniorage and preparing for sudden fluctuations in the currency market through:
â—¾ Greenlight Algorithm Based on Smart Contracts
The majority of assets in the GEM ecosystem are issued based on a 1:1 ratio with real-world assets (RWA).
If an RWA loses its value due to usage, exchange, destruction, etc., the Greenlight Algorithm immediately notifies the ecosystem's partners and the asset's owners, taking appropriate actions according to the asset's operational policy.
Each operational policy varies according to the underlying asset group of the GEM TOKEN.
â—¾ Price Information Collection
Price information for the underlying assets of GEM is collected through specific sites.
Price information for assets traded with GEM is gathered through the Greenlight Algorithm, which includes indices from DEXs and centralized exchanges as well as several additional oracle rules.