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Stablecoin information
Thala's stablecoin, Move Dollar (MOD), is backed by both native and multi-chain assets, with an additional ongoing focus on yield-bearing collateral types
Category:crypto-backed
Minting and Redemption
Mint MOD by depositing collateral and borrowing less than its value, ensuring over-collateralization. Redeem MOD for $1 worth of collateral minus a fee, establishing a $1 price floor
Audits:No
Stablecoin usage by chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | -0.00% | -2.20% | -2.20% | 31,383.6 |