The next generation Defi platform, «Dollaremon», appeared on May 31st. Dollaremon helps to act as a bridge between a wide range of Defi networks, including BSC, FTM and in the future MATIC and Ether networks.
Contents:
Description of the Dollaremon platform
Developers are aiming to implement the next generation of Defi platforms by listing tokens on a daily basis, including the governance tokens of each network. Connect and plunge into the new world of "Dollaremon"! You can get four tokens (BNB, BUSD, cCBD, sCBD) as a reward in each block. You cannot buy or sell them, so you need to mine them with DY (Dollar Yaki Token). DY - the strongest element in Dollaemon's multi-chain protocol.
Some features:
| 1. | DY — the only token that can be moved between multi-chains. |
| 2. | When a new Dollaremon launches on a new network, it should be able to join a farm or pool with a high annual interest rate as soon as possible. |
| 3. | There is a possibility that the price of DY will skyrocket due to the lack of initial supply during the launch of the multinet. |
| 4. | Arbitration opportunities due to price differences between networks. |
When you move DY from the BSC network to the Fantom network, DY has a multi-chain protocol to provide liquidity. When moving DY from the Fantom network to BSC, DY to BSC is provided with a multi-chain protocol in the same way. This is not only liquidity for the user, but from the very beginning 5% of the DY, mined for the entire block, will be automatically deposited into their pool as a reserve. DY will be removed from the market.
Mouse has appeared as an introductory token to DeFi (and of course Dollaremon) so that the first Dollaremon user can easily try out the “desired investment method” in DeFi.
What else should you know?
There is no WhitePaper document on the site. Instead, there is an introductory section and a blog on the Medium platform. There are regular news articles RoadMap presents a plan with stages of development.
From social networks, the community leads:
- twitter;
- telegram.
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