ID: #1100220 | Status:
In progress

Last updated 59 days ago

Optim Finance OUSD - US Dollar Synthetic Stablecoin

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).

Total to date

This is the total amount allocated to Optim Finance OUSD - US Dollar Synthetic Stablecoin. 0 out of 4 milestones are complete

₳100,000
Total funds requested
Distributed: ₳24,000
Remaining: ₳76,000
03/24
04/24
05/24
06/24
Complete
In Progress
To be completed
612
Total Votes
₳166M
Votes Yes
₳20.3M
Votes Abstain

About this idea

NB: Monthly reporting was deprecated from January 2024 and replaced fully by the Milestones Program framework. Learn more here

Team

Ethan | Optim
Ethan | Optim
maksymilian brodowicz
maksymilian brodowicz