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STABLE TOKENS FROM STABLE ASSETS

The Platform for Tokenized Fiat-backed Assets.

Swap

Locked Open Voucher


205,849 OV

KRWO total supply


2,058,490,000 KRWO

1 OV

=

10,000 KRWO


GIMSWAP BENEFIT


100%
FIAT-BACKED

Tokens issued by GimSwap are fully backed by fiat-based assets, making them
interchangeable with those assets


CONVENIENT TRADE
AND USAGE

Fiat-backed tokens can be seamlessly traded on the blockchain and utilized in
everyday transactions or incorporated into service.


TRANSPARENCY
AND DECENTRALIZATION

GimSwap’s contract is immutable and open-source, ensuring complete transparency
and trust.


INTRODUCING KRWO

KRWO IS A KRW-BASED STABLECOIN, DESIGNED TO OFFER STABILITY BY ELIMINATING
EXPOSURE TO FOREIGN EXCHANGE VOLATILITY AND GIMP. EVERY KRWO IS FULLY BACKED BY
FIAT-BACKED ASSETS, ENSURING IT CAN BE EXCHANGED 1:1 FOR KOREAN WON.

WHAT IS KRWO

HOW TO GET KRWO

What is KRWO?

KRWO is a Fiat-backed Asset token backed by a voucher token, Open(Voucher),
which can be exchanged on a one-to-one basis for Korean Won. It is designed to
serve as a bridge that connects the real world to the Web3 ecosystem.

Is KRWO a stablecoin?

KRWO could be considered an asset-backed stablecoin, one of the safest types of
stablecoins. Since it is fully backed by Fiat-backed Assets, you can redeem
Korean Won by exchanging KRWO for Open(Voucher), or mint KRWO by purchasing
Open(Voucher) with Korean Won.

What is Open(Voucher)?

Open(Voucher), a voucher that can be exchanged for Korean Won on a one-to-one
basis, is issued by Open(Asset). It is designed to be used and transferred on
the blockchain, allowing it to be freely utilized across various Web3 ecosystems
beyond the Open(Voucher) service.

Where can I get Open(Voucher)?

There are two main ways to obtain Open(Voucher):

 * Purchase from the Open(Voucher) Service:
   The Open(Voucher) Service allows users to buy and refund Open(Voucher) in
   Korean Won via bank transfer. Anyone with a Korean bank account can deposit
   funds into the Open(Voucher) service and receive Open(Voucher) in return.
 * Purchase from a DEX:
   Open(Voucher) is available on decentralized exchanges (DEX) for those without
   a Korean bank account. Crypto can be swapped for KRWO, which can then be
   exchanged for Open(Voucher) on GimSwap.

How the conversion between KRWO and Open(Voucher) work?

Since the exchange rate between KRWO and Open(Voucher) is 1:1, when
Open(Voucher) is deposited, KRWO is minted and the Open(Voucher) is locked.
Conversely, when KRWO is deposited, it is burned, and the corresponding
Open(Voucher) is unlocked. This mechanism ensures there is no excess issuance of
KRWO.

Contact: contact@gimswap.com

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