Money Protocol
Money Protocol is a decentralized system that enables anyone to cash out their Bitcoin or borrow against their Bitcoin without paying an annual interest rate. In Money Protocol locked BTC as collateral and create a vault, users can obtain instant liquidity by minting BPD. The Bitcoin protocol USD, namely BPD, is a decentralized, collateral-backed stablecoin that aims to be pegged to US USD.
Overview
Money Protocol is a decentralized system that enables anyone to cash out their Bitcoin or borrow against their Bitcoin without paying an annual interest rate. In Money Protocol locked BTC as collateral and create a vault, users can obtain instant liquidity by minting BPD. The Bitcoin protocol USD, namely BPD, is a decentralized, collateral-backed stablecoin that aims to be pegged to US USD.
- Sector
- # Stablecoins
- Ecosystem
- —
Team
Team information has not been disclosed.
Funding history
0 disclosed roundsNo disclosed funding records.
Related news
Market updates
No related market updates.
People updates
No related people updates.