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Arkadiko Finance
Arkadiko Finance is a DAO-governed, open-source, non-custodial DeFi protocol on Stacks that brings Bitcoin-backed financial tools to users. It enables users to mint the USDA stablecoin, borrow against collateral, stake assets, swap tokens, and provide liquidity.
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Arkadiko
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Description
Arkadiko Finance provides decentralized smart contract automation through conditional event triggers and offers self-repaying loans by collateralizing STX tokens to mint the stablecoin USDA for various on-chain activities. Additionally, it enables native Bitcoin-backed loans without bridging or wrapping.Category: CDP
TVL: $369K
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USDA
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Description
USDA is the named stablecoin within the Arkadiko Protocol on Stacks. Users mint it by collateralizing STX tokens, and it can be used for yield farming.Category: Stablecoin Issuance