Midas Dollar Protocol is designed by the Midas Protocol team as the algorithmic stablecoin on Binance Smart Chain. Midas Dollar is an innovative solution that can adjust its supply deterministically to move the price of the token in the direction of a target price to bring programmability and interoperability to DeFi.
One of the biggest issues of all current algorithmic stablecoins right now is utility. We are glad that MDO has use-cases right away.
Alert feature will be unlocked when there are over 500 followers, and the followers will be able to receive key updates of significant events occurred such as price drop, volume climb etc.
Midas Dollar Protocol is designed by the Midas Protocol team as the algorithmic stablecoin on Binance Smart Chain. Midas Dollar is an innovative solution that can adjust its supply deterministically to move the price of the token in the direction of a target price to bring programmability and interoperability to DeFi.
One of the biggest issues of all current algorithmic stablecoins right now is utility. We are glad that MDO has use-cases right away.