FxDAO

Debt issuance protocol for the issuance of decentralized stablecoins backed by XLMs

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Core team

Enrique A

earrietadev

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FxDAO

A proof of concept of a decentralized borrowing protocol for the issuance of stablecoins backed by Lumens

13

$74,800

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*The USD valuation of the budget request in XLM will be calculated using the CF Stellar Lumens-Dollar Settlement Price on the day of payment as administered, maintained, and reported by the cryptocurrency index provider CF Benchmarks Ltd. (using the ticker XLMUSD_RR) (available at https://www.cfbenchmarks.com/indices/XLMUSD_RR). Learn more in the SCF Handbook.