$0.64842249
- Market CapN/A
- 24 Hour Trading Vol0
- Fully Diluted Valuation$0
- Circulating SupplyN/A
- Total Supply0
- Max Supply0
- Dam Finance Price$0.64842249
- Trading Volume$0
- Market Cap$0
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DAM is an omnichain liquidity infrastructure facilitating the flow of value to where it’s needed most. It is a multi-network platform powering applications that coordinate the flow of global liquidity. d2o, DAM’s first use case, is an omnichain stablecoin designed to provide emerging networks an immediate solution for scaling native stablecoin liquidity. Initially collateralized by native USDC on Ethereum, d2o can be minted by a basket of native assets on any blockchain and teleported to any Web3 network. Architecturally, d2o is created in one of two ways: Direct Mint or Portfolio Borrow:
Direct Mint: Only reserved for the least risky, and most stable collateral, d2o can be minted with existing stablecoins at a 1:1 rate Portfolio Borrow: Borrowers deposit protocol-recognized collateral into the DAM’s linked-multi-collateral-vault (“LMCV”) to mint d2o, which is based on the borrower’s total portfolio value and asset quality. Protocol-recognized collateral will include canonical blue-chip, mid-cap and yield-generating tokens, and will vary by chain. d2o is borrowed on an overcollateralized basis.While d2o represents DAM’s initial dApp, it has immense utility in emerging networks given the absence of native stablecoin liquidity. Use cases include:
Providing an alternative mechanism for USD exposure or paymentsHedging against crypto market volatilitySwapping for the ecosystem’s most attractive assetsServing as collateral in the ecosystem’s lending and borrowing marketUnlocking liquidity for the ecosystem’s most attractive assetsPerforming third-party liquidationsParticipating in economic opportunities native to DAM.| Exchange | Pair | Last Price | Change (24H) | High (24h) | Low (24h) | Spread | Volume (24h) |
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