Dollar Coin (USDX)

 Basics

• Announced on:
• Mainnet release:
• Based in:
• From the website (6-10-2020):

"Dollar Protocol is a 2 token protocol comprising of Dollars and Shares. Dollars will be the object of stabilization and Shares will be the instrument to speculate in and govern in the network."

Token

Token allocation

• From the website (6-10-2020):

"90% of the initial share supply will be farmed by Uniswap/Mooniswap LPs over a fair coin distribution schedule over 10 years. The majority of the coins will be distributed from 2020-2023. The remaining 10% of shares will be vested by the founding team over a 10 year linear vesting schedule."

Token Details

USDX and SHARES

• From the website (6-10-2020):

"A two-token model properly segments two main stakeholders:

1. users who want a stable unit of currency
2. users who want to speculate on growth of the network

As such, the protocol issues two coins.

1. Dollar Coin (pegged to ~$1)
2. Seigniorage Shares (speculation and governance vehicle)

By separating the risk and rewards component, we aim to create less price volatility for Dollar Coin owners while maintaining the potential seigniorage."

Technology

• Whitepaper can be found [insert here].
• Code can be viewed [insert here].
• Built on:
• Programming language used:

Transaction Details

• Capacity (TPS):
• Latency:

Roadmap

• Can be found [Insert link here].

Audits

• Bug bounty program can be found [insert here].

Team, Funding, Partnerships, etc.

Team

• Full team can be found [here].