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STABLE COIN FACTORY

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The fiat value of incoming dapp transactions over a period of time
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The total fiat value of assets in a dapp's smart contracts
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News

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International Crackdown on West African Scam Networks Results in 28 Arrests

An international effort against West African scam networks has led to 28 arrests and the removal of over 37 million accounts linked to fraudulent activity.
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Luis Flores

What is STABLE COIN FACTORY?

Stable Coin Factory — an automated algorithmic collateral lending platform, built for stable dollar cryptocurrencies. The goal - to become a platform that can reward users without losing TVL.

STABLE COIN FACTORY - dapp.expert

Whenever a user issues a $SCF token, using the protocol, the amount, minted in USD stablecoin, is transferred to a credit reserve (Aave). The earned interest is collected in interest reserves, which are used to buy back and burn tokens, which leads to an increase in the value of the $SCF token.

Depending on market conditions, lock times and rewards are adjusted, which keeps the protocol in a positive cash flow. The stablecoin factory is deployed on Polygon and currently supports USDC and USDT, but support for more coins from AAVE is coming soon.

How to create $SCF token:

1 Open the platform website in your browser. Click "Go to DApp" in the top right corner.
2 Login to your wallet and allow it to connect to "DApp". Enter the amount and click "Mint SCF".
3 Select the coin "USDC" or "USDT" and confirm the transaction. After that, the transaction will appear in your wallet.

STABLE COIN FACTORY has been deployed on the Polygon chain. The creators will continue to distribute it on other chains in the future.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.