This is a demo UI for the GigaStrat Protocol. It allows you to interact with the contract and perform various actions such as opening loans, swapping IOUs for GG, and burning GG for ETH.
Please note that this is an ALPHA version and may contain bugs or incomplete features. This deployment is for test purposes only and is not for use with real funds. Funds could be considered lost on deposit with no notice if the UI or contracts get updated. Please use at your own risk.
GigaStrat is an on-chain system that blends lending and borrowing with a treasury strategy focused on accumulating ETH. The core contract is GigaStrat, which creates separate loan contracts called IOUs. Each IOU Loan mints IOU tokens for lenders, while the manager simultaneously issues a governance token called GG, backed by the protocol's ETH treasury.
An IOU Loan accepts stablecoins (like USDC) from lenders in exchange for newly minted IOU tokens. These IOU tokens track the lender's share of that specific loan. The GigaStrat contract draws down stablecoins from the funded loan, swaps them for ETH, and then repays the loan in installments by selling small amounts of ETH. Over time, lenders can either redeem IOUs for principal and interest or convert these IOUs into GG tokens.
GigaStrat's treasury accumulates ETH when a loan's repayments are complete. Any ETH remaining after loan obligations are satisfied stays in the treasury, which benefits holders of the GG token. If the price of ETH increases, the treasury's value grows, enhancing the backing of each GG token.
A fully onchain ETH treasury strategy
Treasury
Your Balance
0 IOU → 0.0000 GG
Drawn on 5/7/2025
Goal
10.0 USDC
Loan ETH
0.0000 ETH
Funded
1.0000 USDC
Drawn
1.0000 USDC
My IOUs
0.0 GG
Repaid
0.0000 USDC
Interest
0.0 USDC
Balance
3.2696 USDC
Fill all loans to create more