GigaStrat is an onchain system that blends lending and borrowing with a treasury strategy focused on accumulating ETH. Each IOU represents a fraction of a loan, while the manager simultaneously issues a governance token called GG, backed by the protocol's ETH treasury.
Fund loans and receive IOU tokens representing your share. Interest accrues automatically, and you can convert IOUs to GG tokens for treasury exposure.
Hold governance tokens backed by the protocol's ETH treasury. Burn GG to claim your proportional share of accumulated ETH.
If you hold 1 GG token, the system raises $100,000 in loans, and ETH price doubles, approximately $100,000 worth of ETH remains as profit in the treasury after repaying loans plus interest. Your single GG token now represents this additional ETH value.
0.0010 ETH
2.1000
Convert your IOU tokens to GG governance tokens
0 IOU → 0.0000 GG
Burn your GG tokens to claim your share of the treasury
Support the active loan to earn interest
20.0% funded
10.00 USDC
2.00 USDC
0.0000 GG
2.27 USDC