README.md

srj-stable-coin (SSC)

Srj stablecoin project built on the Ethereum blockchain using the Hardhat development environment. The stablecoin aims to provide a stable value pegged to USD ($), making it suitable for various use cases in the blockchain ecosystem. You can put ETH/BTC as collateral to mint SSC.

Features

• Stability:
  • Value of SSC will always depend on USD
  • only 50% of collateral value can be used to mint SSC
• Decentralization:
  • No central Authority to mint, minting is completely depending on the collateral value
• Liquidation:
  • anyone can liquidate under collateralized account by paying minted amount for that collateral
  • liquidation Benefit: liquidator will get 10% bonus
• Transparency

Getting Started

Prerequisites

• Node.js: Install the latest version of Node.js from Node.js official website.
• Yarn

Installation

1. Clone the repository:

git clone https://github.com/surajgjadhav/srj-stable-coin.git
cd srj-stable-coin

2. Install project dependencies:

yarn

Usage

1. Compile smart contracts:

yarn hardhat compile

2. Run tests:

yarn hardhat test

3. Run Coverage:

yarn hardhat coverage

4. Deploy contracts to the Ethereum network:

yarn hardhat deploy