Money Protocol is a decentralized system that allows anyone to monetize or borrow against their Bitcoin without paying an annual interest rate. When locking up BTC as collateral in Money Protocol and creating a Vault, the user can get instant liquidity by minting BPD. Bitcoin Protocol Dollar or BPD is a decentralized, collateral-backed stablecoin target pegged to the US Dollar
| Categories: | CDP , DeFi |
| On chains: | Rootstock |
| Forked from | Liquity |
| Latest | 24h ago | 7d ago | 30d ago | 30 days changes | |
|---|---|---|---|---|---|
| Money Protocol TVL | $6,836 |
$6,853
-0.25% |
$6,672
2.46% |
$6,394
6.91% |
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Yes Money Protocol is supported on Rootstock.
Money Protocol token is supported by following blockchains: Rootstock
Money Protocol is Money Protocol is a decentralized system that allows anyone to monetize or borrow against their Bitcoin without paying an annual interest rate. When locking up BTC as collateral in Money Protocol and creating a Vault, the user can get instant liquidity by minting BPD. Bitcoin Protocol Dollar or BPD is a decentralized, collateral-backed stablecoin target pegged to the US Dollar. Money Protocol's native token is Money Protocol. Money Protocol token is supported by following blockchains: Rootstock.