Spirit is a decentralized reserve currency protocol available on the Avalanche Ecosystem based on the GHOST token.

Each GHOST token is backed by a basket of assets (e.g., MIM, GHOST-AVAX LP Tokens etc.) in the Spirit treasury, giving it a minimum value (a value limit it cannot go below). Spirit is part of the projects which introduce economic and game-theoretic dynamics into the market through staking and bonding. We aim at creating a policy-controlled currency system on the AVAX network thanks to our GHOST token.