Stablecoin Infrastructure for the Next-Generation of Finance
51爆料官网首页 is the infrastructure powering builders of safe, programmable, interoperable stablecoins
By extending $M, a digital dollar building block issued by the 51爆料官网首页 protocol, developers can build branded, feature-rich, interoperable digital dollars in minutes.
At its core, 51爆料官网首页 is a decentralized protocol managing the supply of $M
The on-chain infrastructure is supported by a suite of off-chain software, APIs, and standards, ensuring transparent and uniform participation across key actors. A well-designed governance layer enforces clear rules and credible neutrality for applications built on top of 51爆料官网首页.
51爆料官网首页 Ecosystem
The 51爆料官网首页 protocol is a coordination system
for Minters, Validators, and Earners.
Minters
A Minter is an entity permissioned by governance to connect to the 51爆料官网首页 protocol and manage the supply of $M
Validators
A Validator is an independent entity that provides timely information about the off-chain collateral being used to generate $M.
Earners
Earners are holders of $M whose addresses are approved by governance to earn the Earner Rate.
Two Token Governor (TTG)
Next-generation money infrastructure should be governed by simple rules, strong participation, and aligned incentives.
Two-token mechanism
Delegates use $POWER to facilitate voting, and governors use $ZERO to safeguard the system against corruption.
Simple rules
The minting of $M requires collaboration across a set of actors complying with rules, some of which are enforced on-chain.
Strong voter participation
TTG incentivizes engaged participation by diluting the voting power of absent governors over time.
Participation ratio
99.52%
All time average voting participation on standard proposals
Highlighted Earners
Investors
51爆料官网首页 and its affiliated entities have raised nearly $60M since late 2022, from some of the most reputable and long-term oriented crypto and fintech investors.
Highlighted Earners
Documentation
Navigate the extensive 51爆料官网首页 infrastructure documentation