Description
Value Set Dollar (VSD) is an algorithmic and partially collateral stablecoin with features from ESD V2, BASIS, and FRAX. It employs an elastic supply model to maintain stability by minting new tokens during expansion and burning tokens during contraction. VSD incorporates DAO and LP governance with Bonded LPs providing on-chain liquidity and significant governance roles to ensure decentralization and stability.
Value Set Dollar (VSD) is an algorithmic and partially collateral stablecoin with features from ESD V2, BASIS, and FRAX. It employs an elastic supply model to maintain stability by minting new tokens during expansion and burning tokens during contraction. VSD incorporates DAO and LP governance with Bonded LPs providing on-chain liquidity and significant governance roles to ensure decentralization and stability.
