First bridge your BTC to tBTC.
Then borrow USD stablecoin with tBTC trustlessly.
First bridge your BTC to tBTC.
Then borrow USD stablecoin with tBTC trustlessly.
+
Alongside to the fact that the base protocol has been derived from Liquity protocol, our modified contracts
are currently being audited by respected 3rd parties companies.
Our contracts are undergoing an audit, which will soon be completed +
Our contracts are undergoing an audit, which will soon be completed
allowing for the deployment of mainnet contracts.
-
+
In the meantime, we invite you to check out our testnet app which is now fully operational and accessible here.
The thUSD stablecoin is backed initially by ETH and tBTC on a collateral ratio of at least 110%. - So users that holds BTC can bridge to tBTC and deposit their tBTC to borrow thUSD directly. +
The thUSD is a USD pegged stablecoin backed initially by ETH and tBTC on a collateral ratio of at least 110%.
So users that holds BTC can firstly bridge to tBTC and after that, deposit their tBTC to borrow thUSD directly.
Our contracts are undergoing an audit, which will soon be completed - allowing for the deployment of mainnet contracts. - - In the meantime, we invite you to check out our testnet app which is now fully operational and accessible here. +
To ensure that the stablecoin supply remains backed, Vaults that fall under the minimum col. ratio will be liquidated.
The debt of the Vault is cancelled and its collateral distributed among all Stability Providers.
Our contracts are undergoing an audit, which will soon be completed - allowing for the deployment of mainnet contracts. - - In the meantime, we invite you to check out our testnet app which is now fully operational and accessible here. +
+ ThresholdUSD is a decentralized protocol that enables you + to borrow thUSD, a stablecoin soft-pegged against USD + and backed by ETH and tBTC as collaterals with a minimum + collateral ratio of 110%.
The thUSD stablecoin is backed initially by ETH and tBTC on a collateral ratio of at least 110%. - So users that holds BTC can bridge to tBTC and deposit their tBTC to borrow thUSD directly. +
+ Here follows some key benefits of using ThresholUSD:
+
+
+ 1. Borrow USD stablecoin with your a backed BTC asset
+
+ 2. Stake your thUSD in the BAMM contract natively
+
+ 3. Redeem your collateral assets at any time
Our contracts are undergoing an audit, which will soon be completed - allowing for the deployment of mainnet contracts. - - In the meantime, we invite you to check out our testnet app which is now fully operational and accessible here. +
+ To ensure that the entire stablecoin supply remains fully
+ backed by collateral, Vaults that fall under the minimum
+ collateral ratio of 110% will be closed (liquidated).
+
+
+ The debt of the Vault is canceled and absorbed by the
+ Stability Pool and its collateral distributed among Stability
+ Providers.
The thUSD stablecoin is backed initially by ETH and tBTC on a collateral ratio of at least 110%. - So users that holds BTC can bridge to tBTC and deposit their tBTC to borrow thUSD directly. +
+ The technical documentation can be found here.
+ More resources can be found in our Discord server.
+ Stay up-to-date with the most recent news in our
+ Twitter.
- Our contracts are undergoing an audit, which will soon be completed +
+ For a full list of FAQs, visit our Help Center.
We are a project driven by the community and open source.
+ We are a project driven by the community and open source.
If you have any feedback, ideas or questions, feel free to drop in and say hello!
+ Discord
+ Twitter
+ Youtube