XUSD-xDollar StablecoinDetailed Description

XUSD-xDollar Stablecoin Detailed Description

xDollar is a lending platform. Users can borrow the decentralized stablecoin xUSD on Polygon with MATIC collateral. The minimum mortgage rate is only 110%. The platform implements a systematic liquidation mechanism (stable pool) and a fair distribution of platform revenue and fees (stacking pool). The vision of xDollar is to become the first cross-chain decentralized lending platform with DAO governance and multi-collateral vault system on multiple chains. xUSD is a USD-pegged stablecoin used to pay for loans on the xDollar platform.