Money On Chain
Overview
What is Money On Chain?
Money On Chain issues DOC (Dollar On Chain), a USD-pegged stablecoin fully collateralized by Bitcoin on Rootstock and bridged to other chains.
How does Money On Chain work?
Users mint DOC by depositing into the protocol against its Bitcoin (RBTC) collateral reserve; DOC holders can redeem for the USD-equivalent in RBTC, with BPro holders and leveraged BTCx positions absorbing volatility to keep DOC's peg.
Who governs Money On Chain?
Money On Chain is a DeFi protocol launched in 2020 on Rootstock (the Bitcoin sidechain), building Bitcoin-collateralized financial products.
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The values in this graphic are examples and do not reflect actual values. Treat them as approximations.