bDollar Protocol
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Initial Launch
Roadmap
Protocol & Mechanisms
BDO - bDollar
BDOv2 - bDollar V2.0
sBDO - Boardroom Staking & Stabilisation Mechanism
bpTokens - Multi-Pegs
bBDO - Bonds Mechanism
Regulations
DAO Fund
bEarn.fi Ecosystem
bFolio
bPower
bDEX
How-tos
Tokens & Contract Addresses
Provide Liquidity
Metamask: Add Binance Smart Chain (BSC) Network
Governance
BDOIP01
BDOIP02
BDOIP03
BDOIP04
BDOIP05
BDOIP06
Transparency
DAO Fund Spending 001
DAO Fund Spending 002
DAO Fund Spending 003
DAO Fund Spending 004
DAO Fund Spending 005
DAO Fund Spending 006
DAO Fund Spending 007
DAO Fund Spending 008
DAO Fund Spending 009
DAO Fund Spending 010
Socials
Tools - unofficial
FAQ
bLending - in writing
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FAQ
Frequently Asked Questions

What are the advantages (or differences) with other algorithmic stablecoin protocols in the DeFi space?

Though there are many alogorithmic stablecoin protocols that have emerged over the last few months. The advantage of bDollar is that it builts on exisiting protocols and implements certain parameters better than its predecessors, namely, reasonable epoch expansion rates, incentives for bBDO holders to redeem their bonds when BDO prices are higher, fair distribution of sBDO, limited debt issue with 3% cap on bBDO minting. Additionally, bDollar has a first mover advantage because it is built on Binance Smart Chain.

Why Binance Smart Chain (BSC)?

Owing to the high gas fees and rising ethereum prices, decentralised finance (DeFi) has been increasingly difficult, slow and painful for small retail investors. BSC serves the role of enhancing existing user experience for DeFi users given that it is EVM (Ethereum Virtual Machine) compatible and has a block time of approximately ~ 3 seconds. Meaning to say, BSC transactions are faster and cheaper while still maintaining the ability to interact with smart contracts.

Is the Protocol safe to use?

The bDollar Protocol is a fork of the existing Basis Cash Project on the ethereum network which has already been audited by Certik. For additional security, you are free to use the DiffChecker tool to compare the smart contract codes of bDollar Protocol (Refer to our github) and Basis Cash.
Moving forward, the team plans to use the DAO wallet to fund external audits of the protocol (subject to the agreement by the community). Additionally, you can show your support for bDollar Protocol by upvoting us on DefiYieldInfo for a complimentary audit from the community.
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Last modified 1yr ago
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Outline
What are the advantages (or differences) with other algorithmic stablecoin protocols in the DeFi space?
Why Binance Smart Chain (BSC)?
Is the Protocol safe to use?