About Generis Protocol
Pioneering the next generation of stable digital assets that combine institutional-grade stability with decentralized growth mechanisms on Ethereum.
What is Generis Protocol?
Generis Protocol is a decentralized financial infrastructure layer built on Ethereum that issues gTokens—next-generation stable digital assets backed 100% by Tether stablecoins. Unlike traditional stablecoins that maintain a static 1:1 peg, gTokens introduce a revolutionary forced-growth mechanism where transaction fees generate dividends automatically distributed to token holders.
Launched in late 2025, Generis Protocol pioneered the forced-growth stablecoin model, combining the stability and trust of established reserve-backed assets with innovative blockchain-native yield generation. Our three flagship tokens—gUSDT (backed by USDT), gXAUT (backed by XAUT/Tether Gold), and gCNHT (backed by CNHT)—represent a new category of financial instruments that offer both capital preservation and organic value appreciation.
Every gToken is 100% backed by its respective Tether stablecoin reserve, ensuring full transparency and redeemability. The protocol operates entirely on-chain with smart contracts, eliminating the need for intermediaries while maintaining the security and reliability of institutional-grade backing assets.
The Idea and Market Need for gTokens
The Problem We Solve
The decentralized finance (DeFi) ecosystem has experienced explosive growth, yet it faces fundamental challenges that limit mainstream adoption and utility:
- Volatility: Most cryptocurrencies experience extreme price volatility, making them unsuitable for everyday transactions, savings, or as a store of value.
- Stagnant Stablecoins: Traditional stablecoins maintain a fixed 1:1 peg but offer no growth potential, essentially functioning as digital cash that loses value to inflation over time.
- Lack of Yield: Holding stablecoins provides no returns, forcing users to engage in complex DeFi strategies or accept counterparty risk to earn yield.
- Trust Requirements: Many yield-generating protocols require trusting centralized entities or complex smart contracts with significant risk exposure.
The gToken Solution
gTokens address these market needs by combining the best aspects of traditional stablecoins with innovative blockchain-native mechanisms:
Stability
Each gToken is 100% backed by Tether stablecoins, ensuring price stability and full redeemability at any time. You maintain the security of established reserve-backed assets.
Forced Growth
Transaction fees (0.25% on all operations) generate dividends automatically distributed to holders. Your position grows organically through protocol activity, not speculation.
Transparency
All reserves, circulation, and operations are fully transparent and verifiable on-chain. No hidden mechanisms or opaque processes.
Non-Custodial
You maintain full control of your assets. No intermediaries, no custodial risk, no permission required. True decentralized ownership.
Market Opportunity
The stablecoin market has grown to over $150 billion, with Tether's USDT alone representing more than $100 billion in market capitalization. However, this massive market remains largely static—users hold stablecoins for stability but receive no returns. gTokens unlock this dormant value by creating a sustainable, transparent mechanism for value appreciation while maintaining the stability users demand.
For businesses, gTokens offer a superior alternative to traditional stablecoins for treasury management, providing both capital preservation and organic growth. For individuals, they represent a new category of digital savings instruments that combine the safety of bank deposits with the transparency and accessibility of blockchain technology.
Why We Chose Tether Products for Backing
Tether's Dominance and Impact on Ethereum
Tether has become the cornerstone of the Ethereum DeFi ecosystem, with USDT serving as the primary liquidity layer for decentralized exchanges, lending protocols, and trading pairs. As of 2025, Tether stablecoins represent the largest and most liquid stablecoin ecosystem in cryptocurrency, with over $100 billion in USDT alone and significant market share for XAUT (Tether Gold) and CNHT (offshore Chinese Yuan).
Tether's impact on Ethereum cannot be overstated. USDT is the most traded cryptocurrency by volume, serving as the primary on-ramp and off-ramp for DeFi protocols. It provides the liquidity backbone for decentralized exchanges, enables efficient price discovery, and serves as a trusted settlement layer for billions of dollars in daily transactions.
Why Tether for gTokens
Market Leadership
Tether commands over 70% of the stablecoin market share, providing unmatched liquidity and market acceptance. This ensures gTokens have access to the deepest, most liquid backing reserves available.
Transparency
Tether publishes daily reserve attestations and quarterly reserve reports, providing unprecedented transparency for a stablecoin issuer. This aligns with Generis Protocol's commitment to transparency and verifiability.
Ecosystem Integration
Tether tokens are natively integrated into every major DeFi protocol, exchange, and wallet. This ensures gTokens can seamlessly interact with the entire Ethereum ecosystem.
Proven Track Record
Tether has maintained its peg through multiple market cycles, regulatory challenges, and market stress events. This proven resilience provides confidence in the backing assets.
Multi-Asset Coverage
Tether offers USDT (USD), XAUT (Gold), and CNHT (CNH), enabling Generis Protocol to provide diversified gTokens covering fiat currencies, commodities, and regional currencies.
Ethereum Native
Tether tokens are ERC20 tokens native to Ethereum, ensuring seamless integration with gToken smart contracts and eliminating cross-chain complexity or bridge risks.
Important Note: Generis Protocol is not affiliated with, endorsed by, or in partnership with Tether Operations Limited. We use Tether stablecoins as backing assets because they represent the most liquid, transparent, and widely accepted stablecoin ecosystem available. For information about Tether's reserves and transparency, please visit Tether's Transparency page.
Why Ethereum: Alignment with the Ethereum Manifesto
The Ethereum Manifesto Principles
The Ethereum Manifesto, co-authored by Vitalik Buterin and the Ethereum Foundation, establishes core principles that guide the development of trustless, decentralized systems. Generis Protocol is built in alignment with these foundational principles:
Trustlessness Over Convenience
The Manifesto emphasizes that correctness and fairness should depend on mathematics and consensus, not on the goodwill of third parties. gTokens operate entirely through smart contracts—no custodians, no intermediaries, no trusted parties. Every operation is verifiable on-chain.
Openness and Verifiability
All gToken operations, reserves, and distributions are transparent and verifiable by anyone. The protocol's smart contracts are open source, and all transactions are publicly auditable on the Ethereum blockchain.
Decentralization
Ethereum's decentralized architecture ensures no single point of failure. gTokens inherit this resilience—the protocol operates independently of any centralized entity, ensuring continued operation regardless of external factors.
Composability and Interoperability
Ethereum's composable architecture allows gTokens to integrate seamlessly with the entire DeFi ecosystem—DEXs, lending protocols, yield aggregators, and more. This interoperability maximizes utility and liquidity.
Why Ethereum for Generis Protocol
Mature Infrastructure: Ethereum has the most battle-tested smart contract infrastructure in the industry, with billions of dollars secured across thousands of protocols. This proven security model is essential for financial instruments handling user funds.
Network Effects: Ethereum hosts the largest DeFi ecosystem, with over $50 billion in total value locked. Building on Ethereum ensures gTokens can leverage existing infrastructure, liquidity pools, and user bases.
Developer Ecosystem: Ethereum has the largest and most experienced smart contract developer community, providing access to best practices, security audits, and continuous innovation.
Regulatory Clarity: Ethereum's established position in the regulatory landscape provides clearer frameworks for compliant operations compared to newer networks.
Long-term Vision: Ethereum's roadmap, including improvements like EIP-4844 (proto-danksharding) and future scalability solutions, demonstrates a commitment to long-term sustainability and growth that aligns with Generis Protocol's vision.
"We believe in building systems where correctness and fairness depend on mathematics and consensus, not on the goodwill of third parties. This is the essence of trustlessness—the foundation of decentralized systems." — Ethereum Manifesto
Generis Protocol embodies this principle. Every gToken operation, from buying and refunding to dividend distribution, is executed through immutable smart contracts. Users can verify all operations independently, ensuring trust is placed in code and mathematics, not in promises or intermediaries.
Our Commitment
Security First
Comprehensive Foundry Forge testing, OpenZeppelin security libraries, and transparent audit processes.
Full Transparency
All reserves, circulation, and operations are publicly verifiable on-chain. No hidden mechanisms.
User Empowerment
Non-custodial design ensures users maintain full control of their assets at all times.
Ready to Experience gTokens?
Join the next generation of stable digital assets with built-in growth.