This repository contains the core smart contract code for GEB. GEB is the abbreviation of Gödel, Escher and Bach as well as the name of an Egyptian god.
While we intend to use the "GEB" terminology when we discuss about core architecture, the actual instrument issued by the protocol is called a reflex bond.
A reflex bond is an asset that mirrors the price movements of its collateral in a dampened way (and with lags between the underlying changing its value and the reflex bond system reacting to that). The future redemption price of a reflex bond depends on the market price deviation from its current redemption price. For more details, check the whitepaper.
Check out the more in-depth documentation.