> For the complete documentation index, see [llms.txt](https://docs.geminon.fi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.geminon.fi/geminon-protocol/collateral.md).

# Collateral

GEX token is fully collateralized with gold, Bitcoin, Ethereum, BNB and AVAX. We have selected Paxos Gold and Tether Gold as providers for the tokenized gold, Ren Bitcoin for the wrapped version of Bitcoin in Ethereum and BSC, and Bitcoin Avalanche Bridged on Avalanche network. The weight and address of each collateral token is:

### Ethereum network (60%)

* 20% Pax Gold (PAXG): 0x45804880De22913dAFE09f4980848ECE6EcbAf78
* 20% Tether Gold (XAUT): 0x68749665FF8D2d112Fa859AA293F07A622782F38
* 10% Ren Bitcoin (RENBTC): 0xEB4C2781e4ebA804CE9a9803C67d0893436bB27D <mark style="color:red;">(deprecated)</mark>
* 10% Ethereum (ETH)

### BNB Smart Chain (20%)

* 10% Ren Bitcoin (RENBTC): 0xfCe146bF3146100cfe5dB4129cf6C82b0eF4Ad8c <mark style="color:red;">(deprecated)</mark>
* 10% BNB (BNB)

### Avalanche (20%)

* 10% Bitcoin Avalanche Bridged (BTC.B): 0x152b9d0FdC40C096757F570A51E494bd4b943E50&#x20;
* 10% Avalanche (AVAX)

{% hint style="warning" %}
Due to the fall of the REN protocol in December 2022, the Ren BTC pools on the Ethereum and BNB Chain networks have been decommissioned and the corresponding collateral transferred to other pools, so the only active BTC pool is on the Avalanche network.
{% endhint %}


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