Ostable

Ostable

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Category: Algo-Stables
TVL: $479K

Description

Bonded stablecoins are a new kind of stablecoins developed by the Obyte team, based on bonding curves. They are 100% crypto-backed, avoid overcollateralization, and live on a DAG, which eliminates issues like miner manipulation. They also pay interest and have a governance system involving SFUSD holders.