- Anchored / Pegged to US Dollar = 1 DSC = 1 USD
- Using Chainlink Price Feeds to get the current price of ETH/USD and BTC/USD
- Using the price, ETH & BTC are converted to USD accordingly
- Algorithmic Minting Mechanism to ensure stability the ensure Decentralization
- Minting can only happen if enough collateral is provided
- Collateralized by exogenous Crypto Assets:
- ETH (wrapped ETH)
- BTC (Wrapped BTC) Wrapped means that the asset is locked in a smart contract and a token is minted on the Ethereum blockchain. So we are essentially dealing with the ERC20 versions of BTC and ETH.
Foundry is a blazing fast, portable and modular toolkit for Ethereum application development written in Rust.
Foundry consists of:
- Forge: Ethereum testing framework (like Truffle, Hardhat and DappTools).
- Cast: Swiss army knife for interacting with EVM smart contracts, sending transactions and getting chain data.
- Anvil: Local Ethereum node, akin to Ganache, Hardhat Network.
- Chisel: Fast, utilitarian, and verbose solidity REPL.
$ forge build$ forge test$ forge fmt$ forge snapshot$ anvil$ forge script script/Counter.s.sol:CounterScript --rpc-url <your_rpc_url> --private-key <your_private_key>$ cast <subcommand>$ forge --help
$ anvil --help
$ cast --help