Decentral Bank is the DAO developing and supporting NEAR-native stablecoins, the first of which is $USN. Decentral Bank DAO manages the smart contracts of $USN and its Reserve Fund. One of the functions behind the DAO is the governance over the $NEAR part of the Reserve Fund. The DAO can vote to stake the $NEAR from the Reserve Fund and distribute the staking rewards to the users of protocols that integrate $USN.

$USN is a NEAR-native stablecoin soft-pegged to the US Dollar, backed by a Reserve Fund that contains $NEAR, as well as $USDT initially. $USN’s core stability mechanisms consist of on-chain arbitrage and the Reserve Fund based on the Currency Board principle. Combining the growth potential of $UST and the strong peg defense of $FRAX, $USN is positioned to be one of the most effective ways to bootstrap liquidity in the NEAR ecosystem; all while adding a new layer to $NEAR’s utility as a token. $USN’s smart contracts and Reserve Fund are managed by the Decentral Bank DAO.

Decentral Bank

OIN Finance, The Gateway to DeFi. OIN will be the first DeFi platform to provide liquidity mining and loans on Ontology, and ultimately on other top platforms through cross-chain functionality. Our platform will build the bridge technology to seamlessly integrate Ethereum to start into our ecosystem, opening up to all of the current DeFi space. Cross-chain technology is crucial in DeFi and its growth as a legitimate financial infrastructure, after all, traditional finance also integrates the whole world, its currencies, and its different financial systems.

OIN Finance

TrustToken Asset Tokenization Platform. The bridge between blockchains and $256 trillion worth of real-world assets.

TrustToken

Empyrean DAO is a protocol responsible for the issuance and management of a fully backed, algorithmic, yield generating, free-floating stable asset — EMPYR.

Inspired by OlympusDAO’s work and community, we plan to not only be the first ones to offer the same services as Olympus on Aurora — the EVM compatible shard on NEAR — but also the first to develop further upon OHM’s design to accrue more value to the community.

Empyrean DAO

Angle will be the first decentralized, capital efficient and over-collateralized stablecoin protocol.

Angle Protocol could be used to issue any type of stablecoins. It will start by creating the first liquid Euro stablecoin on-chain.

Angle Protocol

TrueUSD is The first regulated stablecoin fully backed by the US Dollar. Access the highest trading volume and liquidity on exchanges of any trusted stablecoin. Live-audits by Armanino. Earth globe americas Created by TrustToken.

TrueUSD

Liquidity layer on Aurora comprising of a cross-chain stablecoin and wrapped assets exchange and CDP based stablecoin RUSD.

Rose

PAPR ecosystem at its core, is an algorithmic stablecoin driven by elastic expansion and burn.  Inspired by Basis Cash and other predecessors, we have applied principles of those protocols and innovated our own new mechanisms that effectively maintains the $1 peg level. 

PAPR Ecosystem

UPFI Network is the fractional-algorithmic Protocol. It aims to replace fixed-supply digital assets by bridging the gap between digital currencies and real-world applications with transaction costs of almost zero.

UPFI Network

The first algorithmic stablecoin on Aurora chain, pegged to the price of 1 NEAR via seigniorage. Stake your POLAR-NEAR LP in the Dawn to earn SPOLAR rewards. Then stake your earned SPOLAR in the Sunrise to earn more POLAR!

Polaris Finance

TiTi Protocol is a new type of elastic supply algorithm stablecoin protocol based on decentralized Monopoly Auto Market Maker mechanism (M-AMM) and backed by Multi-Assets-Reserve. TiTi is the stablecoin issued by the protocol.

AwesomeNEAR

Stablecoins

Stablecoins projects building on NEAR and Aurora ecosystem.

Decentral Bank

DAO issuing NEAR-native stablecoins - USN.

OIN Finance

The Gateway to DeFi.

TrustToken

The creator of TUSD (TrueUSD).

Empyrean DAO

Decentralized reserve currency on Aurora.

Angle Protocol

Capital-efficient, Decentralized, Over-Collateralized Stablecoin Protocol.

TrueUSD

The first regulated stablecoin fully backed by the US Dollar.

Rose

The liquidity layer for Aurora.

PAPR Ecosystem

Algorithmic Stablecoin with elastic burn and Yield Optimizer.

UPFI Network

Stablecoin partially backed by collateral and partially stabilized algorithmically.

Polaris Finance

Algorithmic stablecoin pegged to 1 NEAR on Aurora.

TiTi Protocol

Multi-asset Reserve Stablecoin based on decentralized Monopoly-AMM.