- Relative stability: Anchored/Pegged to
$(1DSC==1$)- ChainLink Price Feed
- Set a function to exchange WETH and WBTC for
$
- Stability mechanism (minting/burning): Algorithmic (Decentralized)
- People can only mint with enough collateral
- Collateral Type: Exogenous (Crypto)
- WETH
- WBTC
-
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A decentralized stable coin implementing a protocol similar to DAI
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