Table of Contents
A decentralized stablecoin that is:
- Anchored or Pegged to $1.00 (Relative stability)
- use Chainlink to get the price feed.
- has a function to exchange ETH or BTC against our stablecoin
- Algorithmic (Stability mechanism ie: minting / burning), so decentralized
- People can only mint the stablecoin with enough collateral (coded)
- Exogenous (Collateral that originates from outside the protocol: wETH, wBTC)