EARN STABLE COIN

About

This repo contains a collateralized stable coin implementation. The system is desinged to be as minimal as possible, and have the tokens maintain the USD price This stablecoin has the properties:

1. Relative Stability: Anchored or Pegged - 1 USD
   1. Chainlink Price feed
   2. Set a function to exchange Collateral -> USD
2. Stability Mechanism (Minting): Algorithmic (Decentralized)
   1. People can only mint the stablecoin with enough collateral (coded)
3. Collateral: Exogenous/Endogenous (Crypto)
   1. wETH
   2. wBTC

The collaterall tokens used are wrapped BTC and wrapped ETH.

TODO:

1. Fee and interest payment with EARN token.
2. Automatic liquidation on price drop

Installation

Install dependencies

$ make install

Usage

Before running any commands, create a .env file and add the following environment variables:

# network configs
RPC_LOCALHOST="http://127.0.0.1:8545"

# ethereum nework
RPC_ETH_SEPOLIA=<rpc url>
RPC_ETH_MAIN=<rpc url>
ETHERSCAN_KEY=<api key>

Run tests

$ forge test

Deploy contract on testnet

$ make deploy-testnet

Deploy contract on mainnet

$ make deploy-mainnet

Deployments

Testnet

Author

👤 Nadina Oates

• Website: nadinaoates.com
• Twitter: @N0_crypto
• Github: @trashpirate
• LinkedIn: @nadinaoates

📝 License

Copyright © 2024 Nadina Oates.

This project is MIT licensed.