Collateral Types
The following tokens are currently accepted as collateral to borrow/mint gDAI:

BNB

BNB is Binance Smart Chain's native token. It is used as a unit of payment on the network (i.e. to pay network fees).

ETH

ETH is Ethereum's native token. It is used as a unit of payment on the network (i.e. to pay network fees).

DAI | BUSD | USDC | USDT

Popular stablecoins that are pegged to the USD.

BTC (Coming Soon to UI)

Bitcoin is where the cryptospace began.

LINK (Coming Soon to UI)

LINK is a token that powers the Chainlink decentralized oracle network. This network allows smart contracts on EVMs to securely connect to external data sources, APIs, and payment systems.

GHOUL (Coming Soon)

GHOUL is the governance and utility token of the wider Ghoul Ecosystem by Poltergeist Labs.

GHOST (Coming Soon)

GHOST is a Proof-of-Stake #privacycoin that aims to help make you nothing but a 'ghost' when transacting online.

How will more collateral assets be added?

More collateral assets may be accepted to borrow gDAI through community voting. At the moment, only tokens with a Chainlink oracle may be accepted as collateral. This is to ensure that price tracking for collateral assets is safe and reliable.
GhoulDAO will release GDIPs (improvement proposals) often to vote and approve the next collateral token. Voting power, comes from the amount of GhoulX users hold. The more GhoulX a user has the more voting power they receive.