Executive Summary
The Dollar Foundation ecosystem consists of the following tokens.
BTCD
Follows Bitcoin’s long-term price trend while targeting 50% of BTC’s daily volatility. BTCD is fully-backed (see the Risks section regarding Collateral) and composable in DeFi. Peg stability is maintained through a combination of hedging strategies against protocol-held collateral assets. The peg maintenance goal is a stable 50% BTC / 50% USD ratio.
sBTCD
The staked version of BTCD where holders lock BTCD and capture the yield the protocol earns on the underlying collateral.
FISC
Governance token that controls fee share, DAO operations, and future product launches.
sFISC
The staked version of FISC where holders lock FISC and capture the yield the protocol earns on the underlying collateral from products launched by the Dollar Foundation.
BTCD, sBTCD, FISC, and sFISC may be unavailable in jurisdictions that restrict synthetic-asset or crypto-derivative products. See our Terms of Use for the current exclusion list.
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