Grandmarche is a DeFi platform that offers saving and borrowing, plus it will be the anchor of three South East Asia stable coins based on THB, SGD and PHP with 1:2 decentralised collateral system. In other words, this platform will be designed to eliminate middlemen and cost of custody in money markets. GMT token will function as the main lending token in GrandMarche, and governance token.
Remember the daily volume of ASEAN’s forex market is around USD1,5 trillion. So, in the future, there is huge potential, creating a DeFi that someday will be used by ASEAN’s banks to swap some of their forex reserves.
Grandmarche has secured some funding from private and angel investors. And they are ready to begin developing the protocol further, and they aim to be the largest pool of lending and borrowing.
Tokenomy:
Total Supply : 1,000,000 GMT
Blockchain: ERC20
Token Holders:
Angel investor ( vested in 2 years): 400,000 GMT
Token Sales (pre-sales + crowdfunding): 300,000GMT
Private Sales (vested in 6 months): 100,000GMT
Team + Advisors: (vested 12 months) : 150,000GMT
Ecosystem Leader + airdrop : 50,000GMT
Twitter: https://twitter.com/GrandMarche_ofc
Website: https://grandmarche.io
Youtube channel: https://tinyurl.com/y6ymkme3
Press Contact Email Address
c.roberts@grandmarche.io
Supporting Link
https://grandmarche.io
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
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