Interoperable Token Standard
What is Gluwacoin?
Gluwacoin is a cryptographic token standard. It extends the ERC20 standard for tokens and adds functions for cross-blockchain exchanges. The issuer can create Gluwacoin by different types of minting mechanisms such as wrapping, locking, or pegging and by pegging it to a different underlying asset. For example, you can wrap USD Coin into a Gluwacoin. Further, Gluwacoin supports its users to pay network fees in the token, not the cryptocurrency of the network.
Originally proposed by the Gluwacoin Trust as a stablecoin standard, Gluwa, Inc. currently maintains Gluwacoin as a general token standard focusing on interoperability.
For more information, see Standard.
Gluwa currently maintain 3 main type of Gluwacoin contracts:
- Wrapped Gluwacoin: Gluwacoin wrapping another ERC-20 Token
- Controlled Gluwacoin: Gluwacoin with a circulation supply controller