StableCoin Platform
Your stablecoin project introduces a dual-token mechanism: Neutron and Proton (
Problem Statement
The StableCoin Reactor is an innovative DeFi primitive that redefines how stability and volatility are managed in tokenized assets. Unlike conventional stablecoins that rely solely on collateralization or algorithmic supply adjustments, this system introduces a dual-token model that transforms a single base asset deposit into two complementary tokens:Neutron (Stable Token): A stability-focused token pegged to an oracle-driven price feed, designed for users seeking predictable value and protection against volatility.Proton (Volatile Token): A high-risk, high-reward token that absorbs market fluctuations, giving exposure to volatility for users who want to speculate or hedge.This approach ensures efficient capital allocation by splitting risk and stability into two separate instruments, while preserving a transparent, decentralized, and collateral-backed foundation.
Solution
How It Is MadeBase Asset Deposit (Vault Entry)The system starts with a base ERC-20 token (like cBTC or USDC on Citrea).Users deposit this token into the StableCoin Reactor contract.This vault holds the collateral and ensures that there’s always backing for the system.Dual Token CreationUpon deposit, the reactor performs Fission (split):Neutron (Stable Token): Pegged to oracle-driven price feed to maintain stability.Proton (Volatile Token): Tracks volatility and absorbs price fluctuations.Both tokens are ERC-20s, deployable and tradable across DeFi.Oracle IntegrationTo keep Neutron stable, the reactor integrates with decentralized oracles (e.g., Chainlink or other Citrea-native infra).The oracle provides a reference price (say, USD value of cBTC).The system constantly checks reserve ratio vs. oracle price to prevent undercollateralization
Hackathon
ETHGlobal New Delhi
2025
Contributors
- DengreSarthak
17 contributions
- Zahnentferner
1 contributions
- akhilamurarka
1 contributions