Darkness Finance

DarkNess Dollar is a stablecoin with parts of its supply backed by collateral and parts of the supply algorithmic. This means DarkNess Dollar is a stablecoin to have part of its supply floating/unbacked.

The ratio of collateralized and algorithmic depends on the market’s pricing of DarkNess Dollar stablecoin – DUSD. If DUSD is trading at above $1, the protocol decreases the collateral ratio. If DUSD is trading at under $1, the protocol increases the collateral ratio.

DarkNess Dollar attempts to be the first stablecoin protocol on Cronos chain to implement design principles of both Entirely Collateralized and Purely Algorithmic Stablecoins. We are aiming to create a highly scalable, trustful, extremely stable, and ideologically pure on-chain money.