Traditional stablecoins may soon be a thing of the past. With censorship & regulations increasing day by day Investors need a new option.
Solution?
Algorithmic Stablecoins.
The first fully DeFi
compliant stablecoin
DSD is a decentralized, self-stabilizing and censorship-resistant stablecoin without any collateral backing. Oracle-driven pricing for voluntary supply elasticity is used without requiring trust into any third-parties. When the price of DSD is above the peg of $1.00 it expands up to 2% of the total supply every two hours. When the price of DSD is under $1.00 users voluntary burn tokens for options in the form of coupons that can be redeemed over $1.00 for a premium when demand grows. The dynamic supply offers investors a unique way of earning yields.
The goal of DSD is to create a truly permissionless, scaleable, stable store of value, that can be used as collateral in various decentralized finance platforms.
It’s the leader to becoming the reserve currency of DeFi
