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 Redemption
Using 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
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | -0.01% | -0.01% | -43.95% | 4,263.67 |