/biz/ - Business & Finance

here we go

FedCash is a fully decentralized fractional reserve cryptocurrency. No pre-mine, no dev-fund, no investors.

In the FedCash kingdom, FedCash is the stablecoin. FedShare is the algorithmic token.

To mint 1 FedCash, a user must deposit $1 in value, split between stablecoin collateral and FedShare. The ratio of each is determined by the global reserve ratio.

For example, if the reserve ratio is 75%, 1 FedCash required $0.75 stablecoin and $0.25 FedShare.

The reserve ratio is decreased by 0.5% if FedCash is trading above $1 every 8 hours. The reserve ratio is increased by 0.5% if FedCash is trading below $1 every 8 hours.

Website
fed.cash

FedShare Dextools:
https://www.dextools.io/app/uniswap/pair-explorer/0x04602ecdce7dabf2d28946bb599fdd2fb27dec34

TimeLock: https://etherscan.io/address/0xB0D8451d8970E18e6249F89111fA7208c6B308B4

booba your village with fed cash

open source alternative to frax. No dev fund no premine no investor baggage

https://fed.cash
twitter.com/fed_cash
github.com/Fed-Cash

feed your village with fed cash

open source alternative to frax. No dev fund no premine no investor baggage

fed.cash
twitter.com/fed_cash
github.com/Fed-Cash