/decentralized-stable-coin

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Decentralized Stable Coin Project

Properties of the Stablecoin

  1. Relative Stability: Anchored/Pegged --> $1.00
    1. Uses Chainlink Price Feed
    2. Set a function to exchange ETH & BTC --> $$$
  2. Stability Mechanism (Minting): Algorithmic (Decentralized/non-governed)
    1. People can only mint the stablecoin with enough Collateral
  3. Collateral: Exogenous (Crypto-Backed)
    1. wETH
    2. wBTC