Draco.Finance - an algorithmic stable coin that is currently tied to the cost of 1 FTM. The algorithmic stable coin (ASC) is an unsecured stable coin, intended to increase price stability. The beauty of algorithmic stelkins is that they are much more effective from the point of view of capital than their secured counterparts.
Draco.finance with his experienced team will work on the expansion of the idea of capital-efficient algorithmic stable coin and rely on previous iterations to expand the base of the ecosystem.
Genisis Pools began to distribute a remuneration of $ DRACO on February 9 at 11:00 UTC. These genesis pools will be the only way to earn $ SDRACO first. Draco Finance is 100% honest launch, which means that no tokens are produced in advance for any particular side. GENESIS Pools will work for 72 hours.
The dungeon will begin to distribute $ sdraco award on February 12 at 11:01 UTC and will continue to do it within 365 days. Dungeon is, in fact, the way Draco Finance stimulates liquidity, providing stakeholders share in the Draco Finance protocol.
The dungeon will consist of pairs of liquidity, which will issue $ SDRACO as a gratitude for providing the liquidity of the DRACO FINANCE ecosystem.