Everything You Need to Know About RUG Token
R U Generous (RUG) is a decentralised reserve currency protocol that may be found on the Avalanche Network under the ticker RUG. RUG is currently backed in the treasury by AVAX and MIM, providing intrinsic value. Through staking and minting, RUG introduces economic and game-theoretic elements into the market. Our goal is to create a policy-controlled currency system that is local to the AVAX network and in which the RUG token's activity is controlled at a high level by the DAO.
Source: techstory.in