DefiDollar is a multi-chain DeFi Protocol Lab. It building a range of products for the open finance ecosystem including - indexes, yield diversification, and enabling capital-efficient loans. DefiDollar Product Suite Comprises the following products:
DefiDollar (DUSD) - The Stablecoin Index: It mitigates the risk of volatility and systemic failure to stablecoin holdings by creating an index initially backed by Curve LP tokens.
Interest bearing Bitcoin - ibBTC: An interest-bearing BTC product being built in collaboration with BadgerDAO
Opeth - Option backed synthetic assets: A put option fused with underlying collateral that among other use cases will also enable capital-efficient stablecoin loans.