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FxDAO LLC
FxDAO is a community-governed decentralized borrowing protocol on the Stellar Network. It enables users to lock Lumens as collateral and borrow stablecoins, while supporting liquidity providers and liquidators through protocol rewards.
Distributed
Description
FxDAO develops and operates a decentralized, non-custodial borrowing protocol using Soroban smart contracts on the Stellar Network. Users can create vaults, deposit Lumens, and receive stablecoins in selected denominations, subject to collateral requirements and liquidation rules. The protocol also supports rewards for users who lock liquidity-provider assets from third-party pools. FxDAO is legally incorporated as a non-profit DAO and is intended to be governed by its token holders.Grant Funding
VC Funding
XLM
$75K
$0