# gigaAssets

Each [gigaAsset](https://docs.enjoyoors.xyz/system-architecture/gigaassets) token corresponds to a synthetic representation of the respective crypto asset (e.g., gigaETH, gigaBTC, etc.). Initially, the protocol will focus on issuing gigaAssets for major cryptocurrencies such as ETH, BTC, and others.

The [gigaCDP](https://docs.enjoyoors.xyz/system-architecture/enjoyoors-orchestrator-appchain-l3/gigacdp) governs their issuance and management. This core module tracks user deposits into Vaults and regulates the actual and target supply of gigaAsset tokens to be minted by the gigaAsset Manager. The protocol employs various mechanisms to maintain the price of a gigaAsset equal to that of its corresponding fundamental cryptocurrency, such as ETH.

The [gigaCDP](https://docs.enjoyoors.xyz/system-architecture/enjoyoors-orchestrator-appchain-l3/gigacdp) uses user deposits as collateral to mint [gigaAsset](https://docs.enjoyoors.xyz/system-architecture/gigaassets) tokens while ensuring that the protocol maintains a safe Loan-to-Value (LTV) ratio. This guarantees that every issued [gigaAsset](https://docs.enjoyoors.xyz/system-architecture/gigaassets) token is fully backed by the aggregated value of user positions.

[gigaAssets](https://docs.enjoyoors.xyz/system-architecture/gigaassets) serve as an excellent liquidity source for [target protocols](https://docs.enjoyoors.xyz/system-architecture/public-blockchain-infrastructure/target-protocols), which are selected by [Governance ](https://docs.enjoyoors.xyz/system-architecture/enjoyoors-orchestrator-appchain-l3/governance)based on their potential to deliver attractive returns.

Users can acquire or exchange [gigaAsset](https://docs.enjoyoors.xyz/system-architecture/gigaassets) tokens through [AMM pools](https://docs.enjoyoors.xyz/system-architecture/public-blockchain-infrastructure/amm-pools) available on supported blockchain networks.