FxDAO logo

FxDAO

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Vestibulum luctus felis in nisi tincidunt, vitae facilisis enim tempor.
Category: Stablecoin Issuance

Description

FxDAO is a currency-agnostic, decentralized stablecoin protocol on the Stellar network. To ensure solvency, its stablecoins are backed by public reserves of XLM. The project is legally incorporated as a non-profit DAO in the Republic of the Marshall Islands (RMI) and aims for full community governance.