Protocol Information
FxDAO is the first protocol that allows the issuance of synthetic assets (stablecoins) backed by Stellar Lumens
Category:Partially Algorithmic Stablecoin
Audits:
Methodology
TVL: Takes the total amount of XLMs locked in the Vaults contract, the XLMs are the collateral of the issued assets by the protocol.View code on GitHubFrequently Asked Questions
What is FxDAO?
FxDAO is the first protocol that allows the issuance of synthetic assets (stablecoins) backed by Stellar Lumens
What is FxDAO's TVL?
FxDAO currently has $0 in total value locked.
What chains does FxDAO operate on?
FxDAO operates on Stellar.
How does FxDAO's TVL compare to similar protocols?
Among Partially Algorithmic Stablecoin protocols tracked by DefiLlama, FxDAO ranks #5 by TVL. The category holds $2.77m across 5 protocols, and FxDAO accounts for 0% of that total. Other leading protocols include dTRINITY, Chamber, and UXD.