Difference between revisions of "First digital usd (FDUSD)"

Latest revision as of 02:20, 22 January 2024

Stablecoin pegged to USD on ETH and BNB

Basics

Based in:
Started in / Announced on:
Testnet release:
Mainnet release:

History

Audits & Exploits

Bug bounty program can be found [insert here].

Bugs/Exploits

Coin Distribution

The supply stands at 2.614 billion FDUSD after witnessing a 45.7% supply increase in 30 days (22-1-2024). Currently, 452 individual holders possess the ERC20 variant of FDUSD, the dollar-pegged token on Ethereum. The BNB version of FDUSD is held by 3,545 distinct wallets. Binance holds the top three wallets for BNB-based FDUSD, commanding a significant 82.1% of the 49.38 million FDUSD minted on BNB. The top 100 holders collectively possess 99.01% of these specific BNB-minted coins. Both FDUSD tokens on each chain have seen very little onchain action, but FDUSD holds the sixth largest trading volume on Sunday, which means most of FDUSD’s action takes place off-chain and via order books.

Technology

Whitepaper or docs can be found [insert here].
Code can be viewed [insert here]

Pros and Cons

Pros

Cons

Team, Funding and Partners

Team

Full team can be found [here].

Funding

Partners

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@@ Line 1: / Line 1: @@
+[[Stablecoins|Stablecoin]] pegged to USD on ETH and BNB
 ==Basics==
@@ Line 9: / Line 10: @@
 *[[bug bounty|Bug bounty]] program can be found [insert here].
 ===Bugs/Exploits===
-==Governance==
-===Admin Keys===
-===DAO===
-===Notable Governance Votes===
-===Treasury===
-==Token==
-===Launch===
-===Token Allocation===
-===Inflation===
-===Utility===
-====Burns====
-===Other Details===
 ==Coin Distribution==
 The supply [https://news.bitcoin.com/fdusd-market-cap-skyrockets-by-1-billion-in-2024-clinching-top-4-stablecoin-spot/ stands] at 2.614 billion FDUSD after witnessing a 45.7% supply increase in 30 days (22-1-2024). Currently, 452 individual holders possess the [[ERC20 tokens|ERC20]] variant of FDUSD, the dollar-pegged [[token]] on [[Ethereum (ETH)|Ethereum]]. The [[BNB Chain|BNB]] version of FDUSD is held by 3,545 distinct [[Wallet|wallets]]. [[Binance]] holds the top three [[wallets]] for BNB-based FDUSD, commanding a significant 82.1% of the 49.38 million FDUSD minted on BNB. The top 100 holders collectively possess 99.01% of these specific BNB-minted coins. Both FDUSD [[tokens]] on each chain have seen very little [[onchain]] action, but FDUSD holds the sixth largest trading volume on Sunday, which means most of FDUSD’s action takes place [[off-chain]] and via order books.
@@ Line 26: / Line 15: @@
 ==Technology==
 *[[Whitepaper]] or docs can be found [insert here].
-*Code can be viewed [insert here].
+*Code can be viewed [insert here]
-*[[Consensus]] mechanism:
-*Algorithm:
-*[[Virtual Machine (VM)|Virtual Machine]]:
-*Development language used:
-====Transaction Details====
-*Capacity ([[TPS]]):
-*[[Latency]]:
-===How it works===
-===Fees===
-===Upgrades===
-===Staking===
-====Validator Stats====
-===Liquidity Mining===
-===Scaling===
-===Interoperability===
-===Other Details===
-==Oracle Method==
-==Their Other Projects==
-==Roadmap==
-*Can be found [Insert link here].
-==Revenue==
-==Usage==
-===Projects that use or built on it===
-==Competition==
 ==Pros and Cons==
 ===Pros===