Stablecoin Network
Maintained with indirect incentives on KOINON network with KOIN
Oracle based price feed facilitates mark-to-market on the framework
The framework constantly monitors open positions at current prices provided through a trustline.
If Stablecoin price changes relative to asset collateral, KOIN is used to balance its supply and demand
If the price of Stablecoin rises above 1 USD, the cost to create Stablecoin goes down. This increases the total supply and pushes the price back to the target of 1 USD
Collateralization level maintained by KOIN
KOIN is traded to buy or sell to maintain Stablecoin price stability and to provide liquidityÂ
