Mezo USD
MUSD is a Bitcoin-backed Mezo stablecoin; it is minted when users deposit BTC as collateral and borrow at a low, fixed interest rate. The system uses a collateralized debt position (CDP) model, in which each MUSD is fully backed by Bitcoin and redeemable for BTC, helping MUSD maintain its USD peg to 1: 1. Borrowers can access higher loan-to-value ratios (up to approximately 90%), while the system remains overcollateralized (over 110%system-wide and over 150%for typical users). Positions below the minimum collateralization ratio are automatically liquidated to ensure that all MUSD remain fully backed.
Overview
MUSD is a Bitcoin-backed Mezo stablecoin; it is minted when users deposit BTC as collateral and borrow at a low, fixed interest rate. The system uses a collateralized debt position (CDP) model, in which each MUSD is fully backed by Bitcoin and redeemable for BTC, helping MUSD maintain its USD peg to 1: 1. Borrowers can access higher loan-to-value ratios (up to approximately 90%), while the system remains overcollateralized (over 110%system-wide and over 150%for typical users). Positions below the minimum collateralization ratio are automatically liquidated to ensure that all MUSD remain fully backed.
- Sector
- # Stablecoins
Team
Team information has not been disclosed.
Funding history
0 disclosed roundsNo disclosed funding records.
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