GAMEDOGE

GameDoge is a next-generation digital currency known as a valuecoin in the MahaDAO protocol. GameDoge is designed to tackle the depreciation of Fiat currencies and stablecoins (like US Dollar, Euro, DAI, USDT), but at the same time remain relatively stable (unlike Gold and Bitcoin). GameDoge does this by being pegged to a basket of assets that represent strong hedges of each other; so that if one asset depreciates in buying power, the other appreciates because it acts as a hedge against the first asset, keeping the net buying power of the entire basket unchanged. GameDoge is only minted when collateral is deposited into any one of the protocol pools. This ensures that every GameDoge that is minted will always have some kind of backing to ensure its stability.