Money Protocol
Money Protocol is a decentralized system that allows anyone to monetize or borrow against their Bitcoin without paying an annual interest rate. When locking up BTC as collateral in Money Protocol and creating a Vault, the user can get instant liquidity by minting BPD. Bitcoin Protocol Dollar or BPD is a decentralized, collateral-backed stablecoin target pegged to the US Dollar
Overview
Money Protocol is a decentralized system that allows anyone to monetize or borrow against their Bitcoin without paying an annual interest rate. When locking up BTC as collateral in Money Protocol and creating a Vault, the user can get instant liquidity by minting BPD. Bitcoin Protocol Dollar or BPD is a decentralized, collateral-backed stablecoin target pegged to the US Dollar
- Sector
- # CDP
- Ecosystem
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Team
Team information has not been disclosed.
Funding history
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