Abstract

Grain Finance Protocol employs a two-type token system. The first type of token is the governance token i.e Grain (GRN) and the second type are the asset class tokens representing the DeFi Precious Metals, Commodities and Stocks i.e gGold (gXAU), gSilver (gXAG), gPalladium (gPA), and gPlatinum (gPL); gCocoa (gCC), gCoffee (gKC), gCopper (gCU), gCotton (gCT), and gSugar (gSB); gApple (gAAPL), gGoogle (gGOOGL), gFacebook (gFB), gAmazon (gAMZN), gTwitter (gTWTR), gTesla (gTSLA) etc.

Grain (GRN) is the governance and equity token of the Grain Finance Protocol. GRN token — The governance token of the Grain Finance Protocol — allows those who hold it to vote for changes to the Protocol.

The Precious Metals; gGold, gSilver gPalladium, and gPlatinum are digital assets, decentralized, unbiased, collateral-backed cryptocurrency soft-pegged to their corresponding physical products. Resistant to hyperinflation due to its low volatility, Grain Finance Protocol offers economic freedom and opportunity to anyone, anywhere.

The Grain Finance Protocol will allow users to generate decentralized Precious Metals, Commodities and Stocks by leveraging collateral assets approved by the “Grain Finance Governance Trustee (GFGT)”. Grain Finance Governance is the community-organized and operated process of managing the various aspects of the Grain Finance Protocol. They are elected by the community and have the exclusive power to vote for any asset class token to be added to the Grain Finance Protocol. The members of the governance community are called "Grainers".

The Grain Finance Protocol is unlocking the power of decentralized finance for everyone by creating an inclusive platform for economic empowerment; enabling everyone with equal access to the global financial marketplace. This document is a reader-friendly description of the Grain Protocol.