First Decentralized Stablecoin Protocol With Fiat On/Off Ramp On PulseChain
Stablecoin With Fiat On/Off Ramp on PulseChain
Cardix Sacrifice Address (AIR GAPPED Cold Wallet):
Sacrifice Price per Cardix Credit: The sacrifice price will be 1 dollar per 1000-Cardix credit with a Early Support Multiplier described below.
Minimum sacrifice is $50 USD value at the time of sacrifice.
We only accept BNB BEP20, ETH, HEX, USDC (ETH, BEP20), USDT (ETH, BEP20) and BUSD(BEP20). All other cryptocurrency sacrificed to address will not receive Cardix Credits.
DO NOT SEND FROM AN EXCHANGE!
SACRIFICE PHASE WILL END AT LAUNCH OF PULSECHAIN OR WHEN ALL WALLETS ARE FILLED!
Is the new programmable Stablecoin for Web3.0
Own what you borrowed
Also own what you collateralized!
What is USC?
Self Sovereign Stablecoin.
You don't just own the borrowed USC.
You own what you collateralized.
If a user borrows USC, a vault is minted along with an ownership NFT.
The collateralized asset will be hold in the vault what the user manages.
All vaults are immutable and independent. The vault is fully owned by the user and it is tradable via NFT
How Does It Work?
The time a user borrows USC, a vault is created along with an ownershit NFT. Vaults are managing everything and they hold the assets the user collateralized. Each vault is immutable and independent. The user fully owns his vault and it is tradable via an NFT.
Bear Market Friendly
Arbitrage profits in the bear market with decentralized and zero barrier AMM collateral liquidation
I case of collateral liquidations, liquidated collaterals are sent to the AMM pair of the Collateral-USC.
This is a "one-sided collateral-only liquidity". Therefore, the amount of USC in the AMM stays consistent while the amount of the collateral increases. Arbitrage opportunities are created where anyone can gain from trading USC to the collateral through the DEX.