Geminon Protocol
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About

These are the long-term drivers of Geminon. Achieving these goals will likely require multiple iterations of the protocol.

Objective

The objective of Geminon is to become one of the top 5 stablecoin providers for the crypto market within the next two years.

Mission

The mission of Geminon is to create the stablecoin with the best possible equilibrium between decentralization, safety and scalability.

Vision

In its final form, the Geminon protocol should have these features:
  • Immutability. The dev team should be able to renounce ownership of the smart contracts with the assurance that they can work indefinitely without human intervention.
  • Independence. The protocol should be able to work with little to none dependency on external oracles and protocols.
  • Full decentralization. Collateral from centralized issuers should be completely removed.
  • Redundancy. The number of layers of collateral and algorithmic systems to hold the peg should be as varied as possible.
  • Sustainability. All protocol security primitives should hold on and even grow on their own over time.

Team

Geminon is built by an anonymous team, following the foundational principles of Bitcoin and the lead of Satoshi Nakamoto. Privacy is one of Geminon's core values, and that begins with the team itself. A crypto project cannot be truly decentralized nor secure if the people who control the keys of the protocol can be threatened and forced to shut down the project against their will.
A public team has never been a guarantee of anything, since the biggest scams have always been committed by recognizable people precisely to gain people's trust. That is why Geminon also prefers to follow another of the fundamental principles of crypto: that a project must be trustless.
Don't trust us: trust our code.