NEST-DABS

Screenshots

Problem Statement

NEST-DABS is a stable coin project publishing platform. By DABS, everyone can specify a token as collateral to generate stable coins with stable income, The price of the collateral is obtained through NEST-Oracle, which provides a completely decentralized price formation mechanism and is fully open to everyone, The quotation of a token on NEST-Oracle and the stable token as collateral on NEST-DABS are completely open.

Solution

NEST-DABS and NEST-Oracle are completely open and run on EVM,NEST-Oracle has implemented a completely decentralized Oracle in a very sophisticated way. Everyone can play any role defined by their species. These roles play games with each other and eventually form the price of the oracle on the chain,NEST-Oracle uses the price provided by NEST-Oracle to realize the mortgage and sales algorithm. The stable currency generated by the mortgage can realize the fixed income of deposit and withdrawal