Decentralized Omnichain Stablecoin $D2O Live on Ethereum and Moonbeam

DAM Finance, a liquidity infrastructure provider, announced its decentralized omnichain stablecoin $D2O is live on Ethereum and Moonbeam.

$D2O is an over collateralized stablecoin. Users can mint $D2O on Ethereum using $USDC as collateral, and teleport it to the Moonbeam network through DAM's decentralized dReservoir protocol to access native stablecoin liquidity on Polkadot.

Source

DeFi

Ethereum

Stablecoins

Polkadot

Moonbeam

In This Article

Related News
Ethereum devs activate Pectra upgrade on Sepolia testnet in last phase before mainnet rollout Ethereum devs activate Pectra upgrade on Sepolia testnet in last phase before mainnet rollout
Bybit hackers move over half the stolen ETH onto Bitcoin, largely using ThorChain Bybit hackers move over half the stolen ETH onto Bitcoin, largely using ThorChain
Ethereum developers activate Pectra upgrade on Holesky testnet, finalization pending Ethereum developers activate Pectra upgrade on Holesky testnet, finalization pending
Hyperliquid launches HyperEVM on mainnet to bring ‘general-purpose programmability’ Hyperliquid launches HyperEVM on mainnet to bring ‘general-purpose programmability’
Monad to roll out a public testnet on Feb. 19 Monad to roll out a public testnet on Feb. 19
Latest News More More
1 Day Ago ZKsync sunsets ‘Ignite’ token rewards for DeFi ecosystem, cites market conditions and focus on Elastic Network
1 Day Ago Solana's key SIMD-228 proposal fails to pass validator vote, token emissions unchanged
2 Days Ago GnosisDAO votes to invest further $4.8 million to fund HOPR's in-house development of private, uncensorable VPN
2 Days Ago Bankrbot ends Grok's unintentional token creation spree by disabling interactions on X
3 Days Ago Taproot Wizards to hold first public auction of 'Wizards' Bitcoin Ordinals project
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open