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bDollar

bDollar

bDollar is an interact with the bDollar protocol.

bDollar is the first algorithmic stablecoin on Binance Smart Chain with an innovative solution that can adjust its supply deterministically to move the price of the token in the direction of a target price to bring programmability and interoperability to DeFi.

Inspired by Basis and its predecessors, bDollar is a multi-token protocol that consists of three tokens: BDO (the algorithmic stablecoin), bDollar Shares (or sBDO, which holders can claim BDO inflation when the network expands), and bDollar Bonds (or bBDO, which can be purchased at a discount rate when the network is in contraction and can be redeemed for BDO when the network comes to its deflationary phase and price goes below 1$).

Timeline

Patents

Further reading

Title
Author
Link
Type
Date

Documentaries, videos and podcasts

Title
Date
Link

bDollar (@bdollar_fi) | Twitter

November 15, 2010

Bdollar Protocol

bDollar Protocol

Introducing bDollar - BEARNDAO - Medium

December 25, 2020

Join the Bearn.Fi Discord Server!

References

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