Bitcoin Dollar

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  Bitcoin Dollar

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  Bitcoin Bond

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  Bitcoin Share

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  BTD<>WBTC Exchange rate

Inspiration

Bitcoin is now becoming stable as regulators add them in their portfolio, and there are many tokenized bitcoin in ethereum blockchain. Why not make a financial system with algorithmic stablecoin with this current stable digital asset?

What it does

• It is a stablecoin that can be used as the medium exchange
• It can be traded with WBTC with the price from uniswap
• Governance for this financial system is available

How I built it

• I use solidity to build it

Challenges I ran into

• Explaining this system to regular people

Accomplishments that I'm proud of

• Making the first Bitcoin + decentralized finance grassroot movements as @QwQiao said.

What I learned

It is possible to build defi on bitcoin

What's next for Bitcoin Dollar

Community

• More Exchanges (Not only WBTC <> BTD but also tBTC <> BTD, renBTC <> BTD, ... maybe ETH <> BTD?)
• More reward pool (e.g. BTD-CRV LP)

Infrastructure

• Interoperability(e.g. building this on EVM parachains, Ethermint, etc)
• Secure oracles(e.g. Chainlink, Band protocol, etc)

Built With

• solidity
• truffle
• uniswap