Our stablecoin system is designed with robust features to ensure price stability, transparency, and trustworthiness. Below is an overview of its core components.
The stablecoin is anchored to maintain a value of $1.00. The system utilizes:
- Chainlink Price Feeds for reliable and decentralized price oracles to ensure accurate market pricing
- Conversion functionality that allows seamless exchange of ETH and BTC into stablecoins
The system employs an algorithmic stability mechanism to maintain the peg effectively and respond dynamically to market fluctuations.
Our stablecoin is backed by high-quality, liquid cryptocurrency assets to ensure security and reliability.
- wETH (Wrapped Ethereum)
- wBTC (Wrapped Bitcoin)