Moneta
The first algorithmic stablecoin on Klaytn chain.
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Edits on 6 May, 2022
Kittitouch Promburi
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Moneta
The first algorithmic stablecoin on Klaytn chain.
Article
Moneta is the first algorithmic stablecoin on Klaytn chain, pegged to the price of 1 KLAY via seigniorage. The first project in the RHEA protocol ecosystem designed to create liquidity and new use cases for the Klaytn network.
The protocol is structured to keep the price of $KLAY pegged by fluidly adjusting the market supply of $MONETA.
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Kittitouch Promburi
Edits made to:
Infobox (+2 properties)
Moneta
The first algorithmic stablecoin on Klaytn chain.
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