Money On Chain is a trust-minimized protocol designed to enable Bitcoiners to explore new ways for using Bitcoin while retaining full control of their private keys.
The protocol includes several features, including a stablecoin, a liquidity token, a governance protocol, and more.
Yes. DOC is a stablecoin collateralized with Bitcoin and pegged 1:1 to USD. It operates on a decentralized and censorship-resistant protocol, which means that users can mint, redeem, and transfer DOC without intermediaries.
What does it mean to be a stablecoin collateralized with Bitcoin?
It means that the necessary backing to mint and redeem each DOC is provided by Bitcoin holders in the only censorship-resistant, Non Confiscatable, and universally accessible hard money in the world, Bitcoin.
What will be the leverage rates for BPro?
The rates will be determined by the market within the platform, but under normal conditions, they will be lower than those of any traditional exchange.
What are the incentives for holding MOC tokens?
Firstly, you will be able to participate in the governance of the DAO. Secondly, from a financial perspective, MOC tokens can be used to pay fees at a lower rate compared to paying with rBTC.
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