bDollar Share

bDollar Share

Created using Figma
bDollar is an algorithmic multi-peg
stablecoin running on Binance Smart-chain
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • Hotbit
    SBDO/USDT one year ago
    $ 3.03
    $ 37.015 K
    -
    -
  • Hotbit
    SBDO/ETH one year ago
    $ 2.96
    $ 24.16 K
    -
    -
  • PancakeSwap (v2)
    SBDO/BUSD 2 one year ago
    $ 377.77
    $ 106.399 K
    -14.73%
    6.24%
  • PancakeSwap (v1)
    SBDO/BUSD 2 one year ago
    $ 381.07
    $ 398.409 K
    -13.05%
    -18.19%
To be announced
Additional Details
Categories
Platform

About bDollar Share

bDollar Protocol is designed by the Bearn.fi team as the first algorithmic stablecoin on Binance Smart Chain. It involves an innovative solution that can adjust the stablecoin's supply deterministically to move the price of the stablecoin in the direction of a target price to bring programmability and interoperability to DeFi. Inspired by Basis and its predecessors, bDollar is a multi-token protocol that consists of the following tokens: bDollar (BDO), bDollar Shares (sBDO), and bDollar Bonds (bBDO) and multiple Multi-Pegs Tokens. Background The price volatility of cryptocurrencies is a major deterrent for mass adoption. Their rapid change in fiat-denominated value causes payment values to vary even during settlement times, being highly inconvenient to merchants that handle them. Stablecoins are cryptocurrencies with an exchange rate peg with existing fiat currencies (such as the United States dollar) or a fiat-related index, thereby drastically increasing their usefulness as a payment medium. Algorithmic Central Banks Although many wide variety of stablecoin mechanisms exist, bDollar Protocol specifically uses an “algorithmic central bank” approach to manage the supply of tokens according to a predetermined logic. The algorithm is in charge of balancing stablecoin supply to a fluctuating demand, ensuring that the token price remains relatively stable. Further details are available under the Mechanisms section.

bDollar Share Roadmap

  • q1

  • UI Revamp✅ Integrated BEP20 (BUSD, BFI, BDO, sBDO for UpDown games)✅ More mini-games added✅ (Beta) 20+ Casino games (with BDO as a native chip)✅ Vaults with double/triple tokens reward
  • q2

  • bLaunch✅bPower✅ bLending - Alpha VersionMore Bridges (to other blockchain networks)Orderbook DEXMargin/Option DEXPublic API for BDO payment gatewayNFT Market
  • q3

  • Cross-chain natively (via Polkadot)

bDollar Share Last News

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