Digital Sterling
for Commerce
Transparent, cross-border finance
eGBP supports all major cryptocurrency exchanges, including decentralized exchanges.
eGBP Foundation
eGBP Foundation is focused on developing a stablecoin tied to the British pound, aiming to create a cross-chain, easily accessible, and rewarding digital asset. Our efforts involve extensive research into stablecoins and business models to complement such an asset, with a focus on understanding the potential role of a sterling-based asset. The foundation emphasizes the importance of technology driven by thorough research.
One step at a time
Update: ETH Yielding Product
The eGBP Foundation team is excited to bring news of the latest addition to the eGBP product ecosystem, namely our Ethereum yielding product!
Built in the U.K.
Development Blog Series
Automated Yielding
eGBP will offer optional yielding packages to earn a residual yield of between 7% and 10% on Ethereum futures. Read more about this ambitious addition to the eGBP product ecosystem here.
UK Regulated Fiat-Backed Stablecoin – eGBP
- Backed by low-risk, liquid, secure instruments
and cash deposits – to protect users. - Backing assets held in trust – for the benefit of
users. - eGBP redemption for fiat at par, by end of
next UK business day. - No yield paid to users from backing assets
Yield Generation Product – Staked eGBP
- An ecosystem product built using eGBP.
- Users deposit eGBP and receive staked eGBP,
which represents their deposit. - Product exchanges eGBP for crypto to generate
yield using a funding fee arbitrage strategy. - Yield paid to users.
- Staked eGBP redeemable for eGBP
Driven Team
Developed by an enthusiastic and talented team of developers and entrepreneurs, passionately driven to deliver a standardised digital pound for worldwide use.
Fast Borderless Payments
A key reason to adopt eGBP as your store of monetary value is the speed in which you can send and receive funds anywhere in the world.
Multi-chain interoperability
Our roadmap includes steps to integrate with other blockchains such as Ethereum, Tron and Cardano.
Backed 1:1 by British pounds
Strictly adhering to a 1:1 issuance policy for new eGBP tokens, the amount of tokens in circulation will precisely match the total amount sold 1:1.
Events
eGBP Foundation will be attending many upcoming blockchain conferences and events to build new partnerships and grow our network and team.
5: What Makes eGBP Different?
Our whole ethos at eGBP Foundation, is to bring modern banking to as many people as possible. We want to enable safe, swift financial transactions for everyone, not just the technically minded or younger generations.
4: Actively Seeking Investment
eGBP Digital Sterling Limited is currently seeking investment from various different sources. As we are now ready to build out our ecosystem
Building with Stellar
The eGBP asset will initially be built on Stellar
Stellar is developer friendly, very fast and secure.
Doing it right
eGBP Foundation believes in doing things right
eGBP will not launch without financial regulation.
White Paper
Read our White Paper to understand our mission
As eGBP development progresses we will share frequent updates.
TRANSPARENCY COMMITMENT
By developing a verifiable 1:1 stablecoin asset, we need to be transparent. We will publish monthly eGBP sales reports and issuance data as part of our commitment to transparency.
Verifiable
We believe only a verifiable, true 1:1 based asset can be a reliable store of value pegged to a fiat currency. If a stablecoin cannot to be seen as transparent, then its purpose is less valid. eGBP will be 100% 1:1 ratio. New tokens can only be issued in exchange for fiat. Our efforts to be completely transparent will be accessible via several public channels.
Investors
News about funding rounds and investment procedures
Institutions
Financial institutions can can work with eGBP
Exchanges
Trade and stake eGBP on popular exchanges
De-Fi
eGBP Foundation will offer a range of financial services