🏡Evergreen Plant

Last updated: 2024-11-13

Evergreen Plant provides a steadily increasing token value by strategically allocating funds to capture the highest available rewards, all while avoiding speculative risks through a Convertible Bond (CB) structure.

Time Deposit with Convertible Bond

Users receive a convertible bond NFT (CB NFT) valued at 80% of the stablecoin in GUT, reflecting the staked amount.

This concept functions similarly to a time deposit paired with a Convertible Bond, but with a crucial advantage: Evergreen Plant eliminates liquidity risk, which is commonly associated with traditional CBs.

Gyrowin refers to this as “CB Staking.”

How it works?

1. Stablecoin Staking: Users can stake stablecoins such as USDT, FDUSD, etc. They also have the option to make monthly staking contributions over a specific period.

2. Convertible Bond NFT: Users receive a convertible bond NFT valued at 80% of their stablecoin stake in GUT. This NFT represents their staked amount.

3. Additional Profit Option: For extra earnings, users can stake in the Money Plant.

4. Converting the CB NFT: Users have the option to convert their CB NFT, which will then be burned. This can potentially yield greater profits if GUT’s value has significantly increased.

5. Retrieving Stablecoins and Rewards: When the lock-up period ends, users must return the CB NFT to redeem their original stablecoins along with accrued rewards.

Interconnection between Evergreen plant and other Gyrowin utilities

What can you do with a CB NFT?

When you stake a stablecoin, you receive GUT tokens in the form of a CB NFT. By simply holding this NFT, you passively earn rewards. Additionally, CB NFTs offer the following functionalities:

• Borrowing

  1. Use your GUT tokens as collateral to borrow USDT.

  2. The borrowed USDT can be utilized for any purpose as needed, providing liquidity and financial flexibility.

• Money Plant

  1. Once the Money Plant feature becomes available, you can stake your CB NFT within the Money Plant ecosystem.

  2. This allows you to earn additional rewards, further enhancing the value of your CB NFT.

Why Choose Evergreen plant?

Evergreen Plant offers a sustainable and efficient way to maximize returns on staked stablecoins. Here’s how:

1. Dual Yield Generation Strategy

   • Liquidity Provision: Gyrowin uses staked stablecoins to provide liquidity for its utilities, ensuring a stable and productive ecosystem.

   • Optimal DeFi Deployment: Funds are strategically deposited into the most lucrative DeFi markets, leveraging platforms that offer the highest returns.

2. Maximized Efficiency

   • By combining utility-driven liquidity provision and yield optimization, Gyrowin ensures consistent and competitive earnings for its users.

   • Competitive and consistent rewards for CB staking.

3. Secure and Sustainable

   • The platform’s focus on reliable DeFi protocols and its diversified approach minimizes risk while maximizing potential rewards.

   • Robust risk management for CB staking.

Evergreen Plant is designed to deliver long-term growth and value, making it an ideal choice for those looking to earn consistent returns with their stablecoins.

Can I sell GUT within the CB NFT before the lock-up period ends?

Yes, you can. If GUT’s value has skyrocketed, selling could be more profitable than staking. You’ll just need to pay the early conversion fee and convert your CB NFT, which will then be burned.

See Early Conversion Fee for more information.

Can I withdraw before the lock-up period ends?

Yes, you can. An early redemption fee will apply, and you’ll receive your staked stablecoin back.

See Early Redemption Fee for more information.

The minimum lock-up period is one month.