# HOPE Gömböc

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*HOPE Gömböc is named after the Gömböc shape, a mathematical object that represents stability.*
{% endhint %}

HOPE Gömböc is a set of distributed reserve pools, initially consisting of BTC and ETH with an initial fixed ratio of 1:10, to back the value of $HOPE.&#x20;

HOPE Gömböc is **distributed** for safekeeping in trusted third-party custodians, such as [Coinbase custody](https://www.coinbase.com/prime/custody) or on-chain decentralized custodian protocols. The composition will be fully disclosed on-chain to ensure complete transparency.&#x20;

<div align="center"><figure><img src="/files/dAYm55G0zZTLAPcipJlk" alt="HOPE Gömböc - Distributed reserves"><figcaption><p>HOPE Gömböc - Distributed reserves</p></figcaption></figure></div>

Ensuring HOPE Gömböc value remains pegged to the chosen asset, BTC and ETH in HOPE Gömböc will be gradually converted to distributed, stable-value and liquid assets to avoid impact from coin price fluctuations.

HOPE Gömböc will be held on-chain under governance of [LightDAO](/lightdao-governance/governance-guide.md); it will be made transparent to the entire ecosystem.


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