Skip to content
/ defi Public

A stable coin system. The system is designed to be as minimal as possible and have the token maintain a 1 token == 1$ peg. The stable coins has the properties: Exogenous Collateral ,Dollar Pegged , Algorithmically stable . It is similar to DAI id DAI had no forvance , no fees .

Notifications You must be signed in to change notification settings

codypharm/defi

Folders and files

NameName
Last commit message
Last commit date

Latest commit

 

History

14 Commits
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Repository files navigation

  1. Relative Stability: Anchored or pegged -> $1:00
    1. chainlink Price feed.
    2. Set a function to exchange ETH & BTC -> $$$
  2. Stability Mechanism (Minting): Algorithimic (Decentralized)
    1. People can only mint the stable coin with enough collateral (coded)
  3. Collateral: Exogenous (Crypto)
    1. wETH
    2. wBTC

About

A stable coin system. The system is designed to be as minimal as possible and have the token maintain a 1 token == 1$ peg. The stable coins has the properties: Exogenous Collateral ,Dollar Pegged , Algorithmically stable . It is similar to DAI id DAI had no forvance , no fees .

Resources

Stars

Watchers

Forks

Releases

No releases published

Packages

No packages published