Dyad(DYAD)
Market Cap$25,702
Price$1.01
Total Circulating25,545
Stablecoin Information
DYAD is a stablecoin optimized for unit economics, leveraging shared collateral pools and DYAD NFTs (Notes) that compete for the lowest mint cost. Note owners can mint DYAD via a cross-collateral CDP and increase their capital efficiency by utilising $Kerosene
Category:crypto-backed
Minting and RedemptionTo mint DYAD, users must first deposit collateral, allowing them to borrow DYAD up to a minimum collateral ratio of 150%, with ratios below this risking liquidation
Audits:No