X @Ignas | DeFi

Project Overview - GnosisDAO proposes gEURO, an EUR-pegged overcollateralized stablecoin on Gnosis Chain [1] - Project seeks $50 thousand for audit and liquidity support, targeting ~$5 million at launch [2] - DAO would receive revenue share and 15% of any future token [2] Collateral & Utility - gEURO is backed by ETH, BTC, and GNO assets [3] - GNO is used as collateral while remaining delegatable [3] - gEURO is yield-bearing, with fees flowing to holders and stability pool depositors [3] - Tied to Gnosis ecosystem (Pay, RWAs etc) [3] - Based on a Liquity v2 fork [3]