THE NEXT EVOLUTION OF MUSD
MUSDv1 introduces a new flexible, market-driven model for improved peg stability
Moria Protocol
Moria is an open-source stablecoin protocol that allows users to borrow tokens representing real-world assets like USD, gold, silver, or tradfi stocks with full and transparent backing by using on-chain crypto as collateral
.png)
How MUSD works
Borrow Tokens: Lock in your BCH collateral to borrow asset-backed MUSD
TokenID: 38a33f750f84c5c169a6f23cb873e6e79605021585d4f3408789689ed87f366
Mint: Mint MUSDⓂ️ by locking BCH into the open-source Moria contract
Earn: Create a pool containing MUSD-BCH on Cauldron and be liquidity provider
Swap: Swap MUSD for Bitcoin Cash on Cauldron
MUSDv0 key features
-
Oracle-based: Moria Protocol uses the D3lphi oracle to ensure an accurate and transparent price feed
-
Incentivized Floating Peg: Built-in market incentives to maintain token value
-
Flexible Repayment: Open repayments allow anyone to clear the debt when collateral is insufficient
Moria Protocol MUSD V0 whitepaper
Moria is an open-source stablecoin protocol that allows users to borrow tokens representing real-world assets like USD, gold, silver, or tradfi stocks. Read more about the open-source protocol by reading the Moria Protocol whitepaper
Inquiries for Riften Labs - Contact hello@riftenlabs.com
The Moria interface (www.moria.money, app.moria.money) and all its associated assets and rights are developed, maintained, and owned by Whiterun LLC
