You can trade in Gluwacoin for fiat currency at 1-to-1 fixed rate. So long as we operate in your country and you pass our AML policy, you may redeem Gluwacoin 1-for-1 for your local currency with us.
Gluwacoin on the mainchain is backed by fiat currency, serving as a gateway between cryptocurrency world and the real world.
The mainchain connects to sidechains to form a decentralized network of stablecoin blockchains. Users can choose a sidechain with technology and credibility they prefer.
We propose to bring both sovereignty and stability to a stablecoin ecosystem by using a network of blockchains.
The network connects multiple sidechains with the mainchain, forming a meta-network where users can select to transact on a blockchain they want.
The mainchain does not only serve as a gateway for sidechains but also as a value stabilizer by minting and burning coins for a fixed price.