• Scalable Dollar Protocol

  • High APY Algorithmic Stablecoin
Scalable Dollar Protocol - High APY Algorithmic Stablecoin

Assume a stablecoin is worth $1. When it drops to $0.80, an algorithm recognizes the imbalance between supply and demand, and automatically sets a market buy order to push the price back. In case the price goes above $1, the algorithm sells assets to maintain the price on agreed level.

Status: Live

Author

Mr Soltaz

Software license

MIT

Last updated: Jan 5th, 2021
Submitted: Jan 5th, 2021

Active users ?

  • Daily 63
  • Weekly 80
  • Monthly 116

Transactions

  • 1 day 5,390
  • 7 days 36,565
  • 30 days 110,345
  • Mainnet contracts (Ethereum)

    • Copy
    • Copy
    • Copy

This page had 35 views and 12 clicks (34% CTR) in the last 180 days