E-Gold Denominated Loans via VUL
The mixed fiat and commodity stablecoin that helps restores the link between value and economic productivity. E-Gold denominated loans for VUL create an efficenct vechicle for true savings and growth.
About
The problem it solves The link between value and economic productivity diverged over half a century ago as currency broke its link towards gold and ventured into what has become MMT. This MMT path has been walked before with different names like debasement. Inflation and reduction in real buying power have left many without trust that the value in their currency whom they rely on for everyday needs will be as valuable as it is currently even a short time in the future. The E-gold, efficient gold, stablecoin is backed, initially, by 65% gold and 35% fiat to create a stablecoin whose value will will always stay above inflation and will have mitigated risk towards the downside. The backing would adjust upwards and downwards with inflation and buying power to help adjust to either hyperinflation or deflationary scenarios.
How it's made
Challenges we ran into This project needs CCG, centerfuge credit group, approval for e-gold denominated stablecoin loans to be done through the centerfuge protocal. The main other requirement would be liquidity partners willing to take gold denominted interest as payment for liquidity.