MiniVerse Finance
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MiniVerse Finance Docs
Official docs for MiniVerse Finance
MiniVerse Finance is an algorithmic stable coin protocol pegged 1:1 to USDC on Fantom. Inspired by previous algorithmic stable protocols such as Basis Cash and Tomb Finance. Much like Tomb our protocol uses three tokens (MvDOLLAR, MSHARE, MvBOND) to incentivize a stable 1:1 peg to USDC.
The protocol's underlying mechanism dynamically adjusts MvDOLLAR's supply, pushing its price up or down relative to the price USDC. This should be $1 however there may be times where USDC loses its peg and if our protocol is functioning as intended will follow USDC to keep pegged 1:1 to it.
More than a Tomb Fork we are a "Spork"
We are building much more than a regular Tomb fork. We like to call ourselves a “Spork” building on top of the Basis/Tomb code base to create a new unique ecosystem. MiniVerse Finance will be bridging the gap between the NFT space and Defi space on Fantom. Through our NFT GameFi we plan to bring utility to MvDOLLAR (algorithmic stable coin pegged 1:1 with USDC).
What is going to differentiate MiniVerse from other Forks?
MiniVerse Finance will be one of the first forks to build use case for the algorithmic stable coin through our NFT GameFi. The GameFi's primary goal is to burn/collect MvDOLLAR which helps keep peg.
Why pegged to USDC?
No other Tomb fork on Fantom is pegged to USDC and a stable coin pegged to USD works better for GameFi.
Last modified 1mo ago