USDFI

USDFI is a decentralized stablecoin protocol for any blockchain with Ethereum Virtual Machine compatibility. 

USDFI stablecoins are non-custodial and collateralized by revenues from its ecosystem consisting of a protocol owned on-chain treasury with proof of reserves and automated market maker operations. As an integral part of the low time preference design, in the short to medium term USDFI is expected to experience significant, but transitory price instability and limited user confidence. 

However, the protocol design incorporates buffers and has several key stability mechanisms and acts as a buyer and automated market maker of last resort for USDFI. 

The protocol’s revenues will automatically buy back unlimited USDFI at a higher price, in perpetuity, until price stability is restored. 

Over time, the interdependency between user confidence and stability mechanism will drive a price equilibrium and maintain maximum price stability for USDFI. 

The design has no restrictions on scalability.