ESG-Empty Set GoldDetailed Description

ESG-Empty Set Gold Detailed Description

Empty Set Gold (ESG) is an experimental zero-collateral algorithmic stablecoin pegged to Synth Gold (sXAU). Synth Gold is a synthetic equity asset backed by Synthetix's on-chain external price feed. ESG is forked from Empty Set Dollar (ESD), which combines the three characteristics of stability, composability and decentralization, and upgrades the protocol.