R U Generous is a decentralised reserve currency protocol available on the Avalanche Networklisted with the ticker RUG. RUG is currently backed by AVAX and MIM in the treasury, which provides intrinsic value. RUG utilises economic and game-theoretic dynamics into the market through staking and minting.
What is R U Generous’s Vision?
R U Generous is building a policy-controlled currency system based on the AVAX network and in which the RUG token is controlled at a high level by a decentralised autonomous organisation (DAO).
By doing so, the economics of RUG token would be established in the long run and RUG could be used as an global unit-of-account and medium-of-exchange currency.
How many RUG are there?
The total RUG supply is 6213.88 tokens.
How to mine RUG？
RUG could not be mine as they are using Proof of Stake (POS). Instead, RUG holders could stack their RUG tokens to earn Liquidity Profits.
Where to store RUG?
R U Generous (RUG) is hosted on the Avalanche Network, therefore, you would need to set up a wallet that supports the Avalanche Network. Some of the best crypto wallets that support the Avalanche Network are MetaMask and Avalanche Wallet.
