SafeDollar is launching the first SafeAssets — SafeUSDC
SafeDollar announced that the very first SafeAssets, SafeUSDC, is ready for launching.
SafeUSDC (sUSDC)
SafeAssets is aiming to create the derivative markets for any types of assets
Inspired by FRAX’s design of fractional algorithmic stablecoin and learning from the issues of similar protocol, SafeDollar is proud to introduce SafeAssets, which not only target stablecoin but also able to expand to any other assets such as Gold, Silver, Oil and stocks at the later stage.
SafeUSDC (sUSDC) is the first SafeAssets launched targeting USDC.
There will be more, such as sUSDT, sDAI, sGOLD, sSILVER etc.
About SafeDollar
Inspired by and improved from all predecessors, the next generation algorithmic stablecoin on Polygon. SafeDollar will be the first and only algorithmic stablecoin that combines unique features of seigniorage, deflation protocol and synthetic assets.
SOURCE: https://safedollar.medium.com/safedollar-is-launching-the-first-safeassets-safeusdc-6368365dd3ef
