bDollar Protocol
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BDO - bDollar
bDollar (BDO) is an algorithmic stablecoin running on Binance Smart-chain.
BDO - bDollar
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0x190b589cf9Fb8DDEabBFeae36a813FFb2A702454
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bDollar tokens are designed to be used as a medium of exchange. The built-in stability mechanism in the protocol deterministically expands and contracts the BDO supply to maintain BDO's peg to 1 $BUSD token (which trades closely to a single United States Dollar).
Also, Understand that BDO actively pegs, it does not mean it to be valued at 1 as it is not collaterized . BDO is not to be confused for a Fiat stable that is value at 1.
How the Algorithmic Peg Works in a nutshell
When bDollar is above Peg - it actively pegs down by inflating for sBDO boardroom stakeholders.
When bDollar is below Peg - Inflation stops completely and therefore will peg back 1 one by various use cases that can be found below.
Current Use Cases (regardless of Peg) :
Single Token Farming
1. FARM $BFI via bFarms at - https://bearn.fi/farm/BDO
2 - Farm bpDOT at - https://bdollar.fi/banks/bpDOT_BDO_Pool
3 - Farm bpEUR at - https://bdollar.fi/banks/bpEUR_BDO_Pool
4 - Farm bpUNI at - https://bdollar.fi/banks/bpUNI_BDO_Pool
5 - Farm bpXAU at https://bdollar.fi/banks/bpXAU_BDO_Pool
6 - Farm bpJPY at https://bdollar.fi/banks/bpJPY_BDO_Pool
7 - Supply as Collateral at bLending.fi - 2 steps - stake at staking page after supply to yield BFI
LP Farming
1. Various LP Options listed in bVaults at https://bearn.fi/bvaults
2. Farm $sBDO via Shares at https://bdollar.fi/shares
3 - Farm Cake via BDO-BNB LP Pair (currently live at the point of writing) - https://pancakeswap.finance/farms
4 - Farm VBSWAP via BDO-VBSWAP LP Pair 70/30 whitelisted at ValueDefi - https://bsc.valuedefi.io/#/vswap - Discontinued until further notice
5 - Farm BUSD via BDO-bBDO LP Pair - https://bdollar.fi/banks/CakeLPBDObBDO
Non Farm Utility
Last modified 1yr ago
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