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Teddy Cash is a fork of the Liquidity protocol on the Avalanche C-Chain. Teddy Cash builds on Liquity’s goal of a fully decentralized borrowing system with interest-free loans, strong capital efficiency, and a censorship-resistant stable coin (TSD or TEDDY Stable Dollar).
Teddy Cash offers a simple UI, but it also encourages other DeFi platforms to connect Teddy Cash into their own interfaces through a rewards system. This approach aims to reduce censorship pressure from both governments and the team, see Uniswap Token ban debacle. In addition, the protocol runs fully on its own and does not require a DAO or governance. It’s one part of Avalanche’s broader plan for a decentralized finance smart contract platform.
Teddy Cash brings these advantages:
0% ongoing interest-rate0.5% one-time fee to start a loanA collateral ratio set at 110%Governance free - no DAO, no interventions, no updatesDirect redemption - TSD can be redeemed at face value for the underlying collateral, always and at any momentCensorship resistance - no single party controls it and it cannot be haltedNo central interface that can unexpectedly change the rules.| Exchange | Pair | Last Price | Change (24H) | High (24h) | Low (24h) | Spread | Volume (24h) |
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