https://github.com/mahadao/arth-core

The world's first valuecoin. Core contracts for $ARTH
https://github.com/mahadao/arth-core

defi ethereum solidity solidity-contracts stablecoin

Last synced: 7 months ago
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The world's first valuecoin. Core contracts for $ARTH

• Host: GitHub
• URL: https://github.com/mahadao/arth-core
• Owner: MahaDAO
• License: gpl-3.0
• Created: 2022-06-13T15:32:54.000Z (over 3 years ago)
• Default Branch: main
• Last Pushed: 2023-04-18T04:15:12.000Z (over 2 years ago)
• Last Synced: 2024-04-24T21:21:32.545Z (over 1 year ago)
• Topics: defi, ethereum, solidity, solidity-contracts, stablecoin
• Language: JavaScript
• Homepage: https://docs.arthcoin.com
• Size: 48.2 MB
• Stars: 0
• Watchers: 1
• Forks: 1
• Open Issues: 5
• Metadata Files:
  • Readme: README.md
  • License: LICENSE

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README

          
# ARTH: Decentralized Borrowing Protocol

ARTH is a stablecoin that is designed to appreciate overtime against the US dollar while at the same time remain relatively stable.

ARTH is minted/burnt using decentralized smart contracts that use ETH as collateral to maintain its peg. The interest rate charged to mint ARTH using ETH is 0%, which makes it very cost effective for borrowing/lending.

ARTH is fully collateralized with mechanisms that give it a backing of at least 110% in ETH.

## More information

Visit [docs.arthcoin.com](https://docs.arthcoin.com) to find out more about the mechanisms behind ARTH