DeFi Stablecoin

A stablecoin DeFi protocol that powers a stablecoin pegged to the US Dollar.

The stablecoin is an ERC20 token pegged to the US dollar that can be used for micropayments such as with in-game currency or content paywalls.

How this is achieved

• Relative stability: Pegged to the US Dollar
  • Chainlink Pricefeed for near real time USD price
  • DSC minted against collateral USD value
• Stability Mechanism: Algorithmic decentralized minting/burning
  • Users may only mint stable coin with enough collateral
  • Actors incentivized to keep the protocol solvent by maintaining the required levels of collateral for minted coins
• Exogenous Collateral: The protocol is backed by assets outside of it whose prices determined independently by the market
  • Wrapped ETH (wETH)
  • Wrapped BTC (wBTC)

Read about how it works.

Development

Build

$ forge build

Test

$ forge test

Format

$ forge fmt

Gas Snapshots

$ forge snapshot

Anvil

$ anvil

Deploy

$ make deploy ARGS="--network <network name>"

Cast

$ cast <subcommand>

Help

$ forge --help
$ anvil --help
$ cast --help