Move Dollar(MOD)

Stablecoin Information

Thala's stablecoin, Move Dollar (MOD), is backed by both native and multi-chain assets, with an additional ongoing focus on yield-bearing collateral types

Category:crypto-backed

Minting and Redemption

Mint MOD by depositing collateral and borrowing less than its value, ensuring over-collateralization. Redeem MOD for $1 worth of collateral minus a fee, establishing a $1 price floor

Audits:No