Freedom Dollar
Freedom Dollar(ticker: fUSD) is issued on Zano a privacy blockchain as an overcollateralized, algorithmic stable asset. Each fUSD targets the purchasing power of one USD and is backed by ZANO public reserves, which initially amounted to approximately ten times the liabilities. Anyone can enhance the network's decentralization by running an open-source market-making node. The collateral is held in transparent on-chain addresses and continuously staked, so its yield automatically compounds to form a buffer. Because Zano uses ring signatures and stealth addresses, fUSD transfers inherit Zano native-level privacy while remaining censorship-resistant—there are no administrator freeze keys or custodial bank accounts. Accordingly, this design provides users who prefer permissionless, non-KYC channel transactions with a unit similar to USD.
Overview
Freedom Dollar(ticker: fUSD) is issued on Zano a privacy blockchain as an overcollateralized, algorithmic stable asset. Each fUSD targets the purchasing power of one USD and is backed by ZANO public reserves, which initially amounted to approximately ten times the liabilities. Anyone can enhance the network's decentralization by running an open-source market-making node. The collateral is held in transparent on-chain addresses and continuously staked, so its yield automatically compounds to form a buffer. Because Zano uses ring signatures and stealth addresses, fUSD transfers inherit Zano native-level privacy while remaining censorship-resistant—there are no administrator freeze keys or custodial bank accounts. Accordingly, this design provides users who prefer permissionless, non-KYC channel transactions with a unit similar to USD.
- Sector
- # Stablecoins
- Ecosystem
- Zano