Durovs Protocol
About Durovs Protocol
Durovs Protocol operates on the TON blockchain, presenting a decentralized stablecoin that accrues interest, specifically tailored for TONcoin holders. Distinct from algorithmic variants, it is a community-governed, secure, cryptocurrency-backed stablecoin that employs an over-collateralized approach through a collateralized debt position (CDP) system, also serving as a lending platform. The protocol seamlessly integrates with StonFi and various TON decentralized exchanges (DEXs), providing opportunities for post-mainnet farming, risk management, lending, and liquidity provisioning across a spectrum of strategies from conservative to high-risk. This framework allows holders of TONcoins to amplify their investments and engage in decentralized finance (DeFi) activities without needing to liquidate their assets. By utilizing liquid staking assets from platforms like Bemo, Tonstakers, Hipo, and Ton Whales as collateral, Durovs Protocol maintains both liquidity and stability. This makes it an optimal solution for TONcoin holders seeking to optimize their investment portfolios while retaining ownership of their coins.Show more
Official links
Durovs Protocol Tokens