Gryphon Dao is a decentralized reserve currency protocol available on the Avax Network based on the GRP Token. Each GRP Token is backed by a basket of assets (such as MIM, Avax ,etc) in the Gryphon Treasury, Giving it an intrinsic value where the price cannot fall below that. Based on the bonding concept introduced by Olympus DAO, where community is formed, it introduces unique economic and game-theoretic dynamics into the market through staking and bonding. Each Gryphon token is backed by a basket of assets (e.g. MIM) in the Gryphon treasury.