DOT-backed stablecoin

Author: batman 

A stablecoin backed by DOT, ensuring stability and value preservation within the Polkadot ecosystem.

Problem to solve

Polkadot users lack a decentralized stablecoin that leverages the ecosystem’s native asset while maintaining a stable value.

Proposed solution

Introduce a DOT-backed stablecoin that maintains stability through over-collateralization, providing users a secure, decentralized alternative.

Resources

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