mountainstrees
Synthetic Algostable
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USDbr is powered by open-source onchain smart contractsNOME Protocol is designed to expand and contract USDbr supply similar to how central banks trade fiscal debt to stabilize purchasing power. We aim to help the bears take over the world! Join us!
Every USDbr aims to be $1:1, as the protocol algorithmically expands and contracts its supply to maintain the peg.
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The main power of the protocol. You can stake it to receive rewards and manage important USDbr parameters.
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When the price is above $1USDbr supply is expanded to adjust to the 1:1 peg. A part of the USDbr emissions is directed to replenish the Stabilization Module, and a part is received by NOME stakers (seigniorage).
When the price is below $1The Stabilization Module attempts to protect the peg with its reserves, until demand for USDbr increases again.
No External Collaterals
No External CollateralsUSDbr issuance does not depend on any centralized collaterals like T-bills or RWA.USDbr liquidity is algorithmically powered by Berachain’s leading stablecoin, HONEY, and the internal protocol-owned Stabilization Module.
Community-Owned
Community-OwnedWe have no VCs or investors. NOME and USDbr were launched in the open by early Bera supporters.All of the liquidity and tokens belong to the holders and early community members. BOL, bera owned liquidity.
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