SafeDollar (SDO)
Basics
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
- Built on: Polygon
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
- Bug bounty program can be found [insert here].
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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