funded
Optim Finance OUSD - US Dollar Synthetic Stablecoin
Current Project Status
In Progress
Amount
Received
Received
₳76,000
Amount
Requested
Requested
₳100,000
Percentage
Received
Received
76.00%
Solution
OUSD is a multi-collateral, yield-bearing stablecoin integrating the latest advances in stablecoin design. Its primary focus is on peg protection and scalability, with a secondary focus on yield.
Problem
Cardano needs a well-functioning, scalable stable dollar coin. The largest dollar stablecoins on Cardano either can’t hold a dollar peg (.85 -.95) or can’t scale (4M minted, trades above peg).
Impact Alignment
Feasibility
Value for money