Description
XUSD is a partial-collateralized and partial-algorithmic stablecoin on Ethereum, aiming to provide scalable, decentralized algorithmic money. Market pricing adjusts the collateral ratio to maintain stability. XUSD is governed by the community and uses Uniswap and Chainlink oracles. It features two tokens: XUSD, a stablecoin, and XUS, a governance token benefiting from fees and seigniorage. The protocol employs a swap-based monetary policy for price discovery and stabilization.
XUSD is a partial-collateralized and partial-algorithmic stablecoin on Ethereum, aiming to provide scalable, decentralized algorithmic money. Market pricing adjusts the collateral ratio to maintain stability. XUSD is governed by the community and uses Uniswap and Chainlink oracles. It features two tokens: XUSD, a stablecoin, and XUS, a governance token benefiting from fees and seigniorage. The protocol employs a swap-based monetary policy for price discovery and stabilization.
