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Teddy Cash is a fork of the Liquidity protocol for Avalanche C-Chain. Teddy Cash follows Liquity’s vision of a completely decentralized borrowing protocol with interest-free loans, high capital efficiency, and a censorship-resistant stable coin (TSD or TEDDY Stable Dollar).
While Teddy Cash provides an easy-to-use UI, we incentivize other DeFi projects to integrate Teddy Cash directly into their frontends via a rewards mechanism. This will prevent censorship by governments and by the team itself, see Uniswap Token ban debacle. Furthermore, the protocol is completely autonomous and works without a DAO or governance. This is one lego block in Avalanche’s vision of a decentralized finance smart contract platform.
Teddy Cash has the following benefits:
0% ongoing interest-rate0.5% one-time fee when opening a loanA collateral ratio of only 110%Governance free, no DAO, no interventions, no updatesDirectly redeemable — TSD can be redeemed at face value for the underlying collateral, always and at any timeCensorship resistance — the protocol is controlled by nobody and cannot be haltedNo central UI that suddenly changes the rules.Exchange | Pair | Last Price | Change (24H) | High (24h) | Low (24h) | Spread | Volume (24h) |
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