DIVIDE Stablecoin
The introduction of Dominion DAO's very own stablecoin will have significant benefits when operating in a fragmented multinational environment like the Pacific Island region.
DIVIDE stablecoin will be used as an intermediary currency to hedge against volatility between national currencies and minimise the impact of currency exchange rates.
The DIVIDE stablecoin will be pegged to the mean of the two dominant currencies in the region AUS and NZD.
DIVIDE = (AUD+NZD)/2 Inflation Stablecoin reward for provision of liquidity and operating nodes Deflation Burning of network fees, liquidity fees, membership fees and loan repayments paid in stablecoin
Network Currencies
Currency | Purpose |
ETH | Staking, lending, borrowing, settlements, liquidity fees, network fees and membership |
BTC | Staking, lending, borrowing, settlements |
AUD | Staking, lending, borrowing, settlements |
NZD | Staking, lending, borrowing, settlements and liquidity fees |
FJ$ | Staking, lending, borrowing, settlements and liquidity fees |
RIFT | Staking, network fees and membership |
DIV | Staking, lending, borrowing, settlements, liquidity fees, network fees and membership |
CBDC | Staking, settlements, liquidity fees, network fees and membership |
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