Fixed Income Asset Token(FIAT)
Market Cap$7,604
Price$1
Total Circulating7,607
Stablecoin Information
The FIAT protocol allows users to mint a single ERC-20 token, $FIAT, against a universe of accepted fixed income asset collateral.
Category:crypto-backed
Minting and RedemptionUsing the FIAT DAO app, users by depositing an accepted fixed income collateral asset into a vault. When the loan is repaid to retrieve the collateral, the paid back FIAT is burned.
Audits:No