• Bluejay Finance

  • Platform for creating stablecoins

Bluejay is a new DeFi project, built on Polygon, that creates an infrastructure for high mobility global currencies that you can move, save & control. We do it by providing a platform for creating stablecoins that are soft-pegged to global currencies and are backed by collateralized debt positions.

Our mission is to solve the ways in which money is broken today. Around the world, volatility of currency, expensive and inconvenient remittances, and cash liquidity problems have made it difficult for everyday people to spend, save, and earn money.

Stablecoins minted through the Bluejay Protocol allow users to get never-before access to the global financial institutions and the local economy.

Just like MakerDAO, the Bluejay Protocol uses a collateralized debt position (CDPs) to create an elastic supply of stablecoins soft-pegged to sovereign currencies that are programmable, decentralized, and fully backed by collaterals.

Status: WIP

Authors

Raymond Yeh, Sherry Jiang

Software license

Unknown license

Last updated: Sep 8th, 2021
Submitted: Sep 8th, 2021

Development activity?

1 event  -90.91% (30d)

19 events (90d)

This page had 135 views and 8 clicks (6% CTR) in the last 180 days