gTokens

100% Backed by Tether Reserves

Every Generis token is backed 100% by reserves held in the protocol. Each token type is backed by its corresponding Tether asset:

• gXAUT token is backed by XAU₮ (Tether Gold)
• gUSDT token is backed by USD₮
• gCNHT token is backed by CNH₮

The protocol maintains full backing at all times, ensuring that the total value of reserves equals or exceeds the total value of tokens in circulation.

Reserves are held securely in smart contracts and can be verified on-chain at any time. This transparency ensures trust and stability, as users can always verify that their tokens are fully backed by real assets.

Dynamic Pricing Mechanism

Generis tokens employ a dynamic pricing model that adjusts based on the backing ratio. At launch, tokens are priced at a 1:1 ratio with the backing asset. As tokens are purchased and circulation increases relative to reserves, the price adjusts accordingly.

The buy price includes a 0.1% markup above the refund price, ensuring the protocol maintains a sustainable reserve buffer. This mechanism creates natural price appreciation as adoption grows, while maintaining stability through the 100% backing guarantee.

Fair Interest Distribution

A portion of transaction fees is distributed as interest to token holders. Interests are distributed proportionally based on each holder's token balance, ensuring fair distribution of protocol revenue.

The protocol automatically excludes smart contracts (DEX pairs, routers, bridges, etc.) from interest eligibility, ensuring that interest are distributed only to end users (EOA addresses). This prevents DeFi infrastructure from capturing interest rewards intended for actual users.

Holders can claim their accumulated interest at any time through the protocol's interest claiming mechanism. Interest accumulate automatically and are calculated based on the holder's balance and the total interests distributed since their last claim.

Transparent Fee Structure

Generis Protocol employs a transparent, multi-purpose fee structure designed to support protocol development, maintain reserves, and reward holders:

Note: DEX swaps bypass all fee logic entirely, as tokens already include initial buy fees. This ensures seamless integration with decentralized exchanges.

Security & Comprehensive Testing

Generis Protocol contracts have undergone rigorous security testing with hundreds of millions test scenarios, validating all security invariants and ensuring production-ready reliability. Each gToken's full security test report can be found at the Security Page.

Ethereum Blockchain

Generis tokens are ERC20 tokens built on the Ethereum blockchain, ensuring compatibility with the entire Ethereum ecosystem. They can be used in smart contracts, decentralized applications (dApps), and integrated with wallets, exchanges, and DeFi protocols.

The protocol supports ERC20Permit for gasless approvals, enabling more efficient interactions with DeFi protocols. DEX swaps are automatically detected and processed fee-free, ensuring seamless integration with decentralized exchanges.

Full Transparency

All Generis Protocol contracts are open source and auditable on-chain. Reserve balances, token circulation, and all transactions are publicly verifiable on the Ethereum blockchain.

The protocol publishes daily information about token circulation and provides comprehensive transparency reports. Users can verify backing ratios, reserve status, and protocol metrics at any time through our Transparency page.