USDF

Fluid USD

Stablecoins

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Fluid Protocol is a decentralized borrowing and lending platform that allows users to obtain 0% interest-free loans by depositing collateral and receiving $USDF, the native stablecoin of Fuel. Inspired by liquity, a tried and proven decentralized stablecoin, Fluid protocol maintains a fixed minimum collateral ratio of 135%, supports multiple collateral types, and implements partial liquidations. Utilizing a governance-free algorithmic fiscal policy, Fluid Protocol aims to provide a secure and censorship-resistant solution that ensures stability and liquidity for its users.

Fluid USD's own description, via CoinGecko. We did not write it and we are not endorsing it.
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Supply as of 3d ago