An algorithmic Stablecoin on IoTeX

[simonerom]

An Stablecoin on IoTeX

Deploy a stablecoin on IoTeX, either an algorithmic or crypto collateralized stablecoin. Forks of MakerDAO/FEI/Ampleforth, and similar products are welcome.

Context

Stablecoins are cryptocurrencies that are backed by other assets or benchmarks, and they are stable (or almost) in nature. Thanks to the benefits that stablecoins provide, from payments to financial services, many different stablecoin projects have been created in the crypto market, and more will be launched in the future.

Acceptance criteria

Milestone 1

• [ ] Deploy the contracts

Milestone 2

• [ ] Deploy the website

Reward

5000 USD

• [ ] Milestone I: 2500 USD
• [ ] Milestone II: 2500 USD

Misc/References

Similar projects:

• https://www.ampleforth.org/
• https://makerdao.com/
• https://fei.money/

IoTeX Useful Links

Discuss: Please join our Discord Dev Chat to ask any questions or reach out to Simone_IoTeX on Discord if you need any help.

Docs: IoTeX Docs | Ethereum Compatibility | DID | Full Nodes

Follow Us: iotex.io | Telegram | Twitter | Medium | Reddit

[gitcoinbot]

Issue Status: 1. Open 2. Started 3. Submitted 4. Done

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This issue now has a funding of 5000.0 USDC (5000.0 USD @ $1.0/USDC) attached to it.

• If you would like to work on this issue you can 'start work' on the Gitcoin Issue Details page.
  • Want to chip in? Add your own contribution here.
  • Questions? Checkout Gitcoin Help or the Gitcoin's Discord
  • $3,645,302.01 more funded OSS Work available on the Gitcoin Issue Explorer

[gitcoinbot]

Issue Status: 1. Open 2. Started 3. Submitted 4. Done

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Work has been started.

These users each claimed they can complete the work by 264 years, 1 month from now. Please review their action plans below:

1) nasrudin921002 has started work.

Menjadikan ini lebih baik dari pada yang terbaik 2) yowgibeer has started work.

Deploy the contracts

Deploy the website 3) elhamne has started work.

I'll deploy contracts and website 4) magro7 has started work.

I don't know whaat can say I'm new here and don't know how it works 5) thrasher33 has started work.

Time will tell. This is new for me and I'm learning as I go. Hoping this turns into an education and experience 6) andhumon has started work.

I think working about 5 hours is enough for this job.

Learn more on the Gitcoin Issue Details page.

[gitcoinbot]

Issue Status: 1. Open 2. Started 3. Submitted 4. Done

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Work for 5000.0 USDC (5000.00 USD @ $1.0/USDC) has been submitted by:

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• Learn more on the Gitcoin Issue Details page
• Want to chip in? Add your own contribution here.
• Questions? Checkout Gitcoin Help or the Gitcoin's Discord
• $3,652,132.84 more funded OSS Work available on the Gitcoin Issue Explorer