The Guild
DeFi's ACB and the worlds alternative to CBDCs.
Last updated
DeFi's ACB and the worlds alternative to CBDCs.
Last updated
The Guild is the source of all GUILD tokens created within the 3.finance ecosystem. While creating GUILD is its primary directive, to say all GUILD is debt, does not convey the whole story.
An important concept that can not be repeated often enough is that of 3.finance being a participant within its own ecosystem. This participation is essential to achieving the projects vision.
With this in mind, The Guild plays the same role differently, depending on who engages with it. To unpack this, here's how we'd describe its role from each applicable viewpoint:
Viewed externally, focusing on one's own interactions with Guild products:
The Guild provides arbitrage opportunities that supports external meta/wrapper token systems.
Viewed internally, focusing on one's own interactions with Guild products:
The Guild provides native liquidity to use within 3.finance: to engage with internal products or services and to take advantage of the benefits they offer.
Viewed externally, focused on the Guild's stated directive:
The Guild acts as the asset acquisition arm of The Grove. Issuing debt in lieu of targeted assets, to be used by The Grove to achieve its own stated directive.
Viewed internally, focused on the Guild's stated directive:
The Guild is responsible for expanding the liquid supply of GUILD tokens. In doing so, aiding the projects stated goal: to become DeFi's Reserve.
