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 Redemption
To 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
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0 | >-0.0001% | >-0.0001% | >-0.0001% | 31,440.99 |