Swimming Pool
Never spend your Bitcoin Instead Issue stables against it!
Fully onchain
permissionless stablecoin protocol is here. Use Swimming Pool to
collateralize your BTC, ETH and other crypto assets. Mint multi-chain algorithmic stables.
What awaits you at the Pool?
-
Single crypto asset-collateralised borrowing Pools that create their own USD denominated stablecoins, i.e. BTC creates btcUSD.
-
Spend your crypto-backed stablecoins or add them to a global liquidity Pool to generate global stablecoins, i.e. lock btcUSD to issue metaUSD.
-
Minted metaUSD are there to manage crypto assets’ differing, yet high, specific risk and high correlations.
-
Better risk management equals peace of mind, equals more time at the pool, with a refreshing drink in hand.
What makes our Pool better than others?
-
The crypto assets’ risk is priced per single asset, with the portfolio effects resolved by the market through the component of single asset stablecoins and the overall composition.
-
The native $SWM token is used to vote-stake for asset pools which determines the weightings of the respective asset stablecoins in the Pool.
-
Net transaction fees generated from the Pool accrue to the token holders.
-
The fee rate for the Pool is dynamic based on the volatility and composition of the basket at that time.
