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Stablecoin information
SILK is a collateralized stablecoin with a variable peg that is derived from a basket of assets including forex, commodities, and cryptocurrencies. The basket is designed to maintain purchasing power.
Category:crypto-backed
Minting and Redemption
Using ShadeLend, users deposit collateral to borrow / mint SILK. When users repay their loan, the SILK is burned
Audits:No
Stablecoin usage by chain
| Name | Bridge | |||||
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