SafeDollar (SDO)

From CryptoWiki

Basics

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

History

Token

Launch

Token Allocation

Utility

Other Details

Stablecoin

Coin Distribution

Technology

  • Whitepaper can be found [insert here].
  • Code can be viewed [insert here].

Implementations

How it works

Fee Mechanism

Upgrades

Mining

Staking

Validator Stats

Liquidity Mining

Scaling

Interoperability

Other Details

Privacy Method

Compliance

Oracle Method

Their Other Projects

Governance

Admin Key

DAO

Treasury

Roadmap

  • Can be found [Insert link here].

Audits

Bugs/Exploits

"Not only has SafeDollar seen its Polygon-based “stable” coin SDO drop to $0, but this isn’t even the first exploit the protocol has suffered this week. Only $250k taken this time, via an infinite mint exploit. The exploit used a bug in SafeDollar’s reward mechanism to manipulate the accSdoPerShare value, eventually being able to claim vast quantities of SDO for each token deposited. Despite owning such an enormous quantity of the stablecoin, the attacker could only make off with the defunct coin’s exit liquidity of 202k USDC and 46k USDT. So, just $248k, not $248 million [the TVL of the project at the time]."

Usage

Projects that use or built on it

Competition

Pros and Cons

Pros

Cons

Team, Funding, Partnerships, etc.

Team

  • Full team can be found [here].

Funding

Partners

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